The Housing Industry Association PCI fell just over 4 points in November to finish on 32 points. This is the second worse monthly fall since the survay started in September 2005 and the ninth month in a row below the key 50 points level. It has almost reached the record low of 31.8 in September.
Engineering and [...]

[Read more →]

Fair Trading Minister Linda Burney has reported an overwhelming number of firms have shown interest in purchasing the collapsed NSW builder Beechwood Homes.
Beechwood left about 300 families with unfinished homes and many subcontractors out of work when they moved into voluntary administration last month.
Linda Burney says the receiver, Deloitte, had given an assurance it was [...]

[Read more →]