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Construction and Real Estate Industry

Tylah and Dylan 'got laughed out of the room' when they shared their budget to turn their cottage into a passive house

While many might've considered Tylah and Dylan's rundown 1950s cottage a knockdown rebuild, they had other plans. The couple wanted to keep the home's character while turning it into an energy-efficient home.
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Dylan Farqhuar and Tylah Ingram standing in their house mid-renovation, there are no doors and the walls haven't been painted

Mascot Towers ordeal close to end after five years as multi-million payout deal agreed for unit owners

Residents of the uninhabitable complex in Sydney will still incur major losses, but the deal will provide some resolution nearly five years after cracks were discovered in the building.
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a big building with balconies

The price gap between houses and apartments is at a record high. Does it mean units are undervalued?

Data from CoreLogic shows the price difference between houses and apartments has widened to a new record as land values rise, a limited number of freestanding houses are being listed to purchase, and people desire more living space.
A bird's eye view of unit blocks and apartments with the ocean in the background on a sunny day.

Will Brisbane property prices keep surging? Here's what the experts say

Brisbane property rose by 1 per cent in January, which has caught many people by surprise. Buyers, not so much — they say many places are selling almost as soon as they hit the market. 
Brisbane sign at South Bank in Brisbane inner-city.

Multimillion-dollar construction projects remain in limbo after St Hilliers' voluntary administration

The Australian company's construction arm went into voluntary administration this month, with work on 21 development projects grinding to a halt and no guarantee they would resume.
Artist impression of proposed tower development.

Construction slows despite housing shortage as interest rates and cost of living hit hard

Despite a widespread housing shortage, new home builds have dropped significantly since COVID, as the construction industry calls for government reform.
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Tradies work on the roof frame of a new home under construction.

'Unfairly' sacked employees from Clive Palmer's resort awarded thousands of dollars compensation

Billionaire Clive Palmer's Queensland resort suddenly fired 125 employees in August, with the workplace tribunal criticising the handling of several terminations.
Clive Palmer poses for a photograph in front of a statue of Jeff the dinosaur.

Union says property price gougers to blame for housing crisis, not overpaid tradies

The CFMEU hits back at accusations tradies' wages are pushing up construction costs, pointing the finger at developers and real estate corporations for the housing crisis.
A man at the centre of a flag waving crowd sits on people's shoulders cheering

Construction giant calls in administrators leaving 21 multimillion-dollar developments dangling

St Hilliers is placed into voluntary administration as work halts on its developments around Australia, including major projects in Newcastle, the Central Coast and Brisbane.
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Artist impression of retirement village being built trackside in Brisbane.

Wanted Jean Nassif used company accounts as his personal financial resources, administrators say

The Sydney property developer could face more criminal action over "potential fraud", as the administrators allege he sent millions of dollars to Lebanon and Nigeria before his business empire collapsed.
sydney developer jean nassif

The gap between house and unit prices has reached a record high, as values keep climbing

House prices are on track to rise across the country, propelled by renters and migrants wanting to buy their own homes and buyers trying to get in ahead of interest rate cuts expected later this year.
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young couple put sold sticker on billboard of their newly purchased home.

Work stalls on multimillion-dollar resort at Kalgoorlie Golf Course

A long-awaited hotel development at the home of the WA PGA Championship is "off track" according to a council report, despite $10 million in ratepayers' money being committed for early works.
An artist's impression of a new hotel.

analysis:Shocking stories of nurses and tradies dying at work exposed in unreleased review

When a workplace safety regulator is accused by workers, inspectors, unions and victims of being timid, ineffectual and suffering from systemic cultural and operational issues, it's time for a massive overhaul, writes Adele Ferguson.
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a composite image of two tradies and one nurse

Meet the change makers in the running to be named Australian of the Year 2024

A group of eight change makers with a diverse mix of passions and work from around the country are in the running to be named Australian of the Year for 2024.
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Meet your 2024 Australians of the Year

More than half of newly registered NSW apartments have had a serious defect

As Australia grapples with housing affordability, NSW is at the forefront of another crisis sweeping new builds. Problems within the industry have led to an explosion of work for building commissioner David Chandler since his 2019 appointment.
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Man wearing a blue business shirt, orange hi-vis and hard hat standing on a roof.

NSW Building Commissioner on the hunt for dodgy developers

More than half of newly registered apartments are not built up to code according to NSW Government data, so a new agency has been established to turn the industry around.
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ABC News Current
Duration: 6 minutes 46 seconds

Tradie shortages could see some storm and flood-damaged homeowners wait a year for repairs

More pain for weather-ravaged property owners as Queensland's construction industry faces an 18,000-worker shortfall.
An uncovered roof.

'It's enormously stressful': WA government throws builders $300,000 lifeline to finish stalled homes

Building companies in Western Australia will have access to interest-free loans of up to $300,000 to help them complete unfinished homes under a new government plan to ease the housing crisis.
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A doorway inside a brick house under construction.

It has world-class wines and scenery galore, but a lack of tourist beds could be holding this region back

Tourism leaders say South Australia's Limestone Coast needs more accommodation to suit a range of budgets to reach its full potential as a holiday destination.  
An old stone building with a vineyard.

$350m Sunshine Coast water park plan in jeopardy as developer's company folds

A company owned by the developer behind a long-awaited water park and surf pool project on Queensland's Sunshine Coast has gone into administration, with the land to be put on the market early in the new year.
Artist impression of waterpark with big lake in the middle

Built to withstand floods, cyclones and the tropical heat, this city has Queensland's cheapest median house price

A central Queensland city is one of the most affordable major hubs in Australia when it comes to buying a home. But it's getting harder, with investors descending in a bid to find a bargain.
A home in Wandal, rockhampton, with a pool.

The suburbs where property prices went backwards despite the housing market reaching a 'new peak' this year

House prices have gone from strength to strength in 2023, but some suburbs and regional areas saw median values decline by more than 10 per cent in the past 12 months after home buying demand dropped off after the pandemic.
For Sale signage outside a suburban house.

Couple still waiting for dream home meant to be ready by Christmas — two years ago

Delays in the housing construction industry are soon expected to ease. But that brings little relief to frustrated owners like Travis and Noeleen, whose build is already more than 600 days late.
Travis McElroy and his wife Noeleen McKeag outside their home

Engineered stone will soon be banned in Australia. Here's what happens next, and what alternatives you can use

This week, Australia became the first country in the world to announce a ban on engineered stone. We look at why it's being banned, what alternatives there are, and what it could mean for your next home renovation.
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About a dozen small tiles made of different types of stone are arranged on a table.

This little town is being rezoned to grow 13 times bigger but there’s still no infrastructure plan

The population of Appin is expected to explode as the government pursues housing targets, but residents are worried they'll be left stranded without enough infrastructure.
ABC News Current
Duration: 8 minutes 12 seconds