RESEARCH
AUSTRALIA’S construction industry remained in mild contraction in March, and business services fell into steep contraction...
On balance, Australian industry slipped into further contraction, according to the Ai Group Australian Industry Index...
The new orders indicator collapsed by 28.1 points to -19.8, the largest single monthly fall in new orders on record for the, exceeding the...
“Industry is beginning to feel the effects of a slowing Australian economy. Business reported rapidly falling new orders in March...
“While industry reports easing supply chain and energy cost pressures, deteriorating demand conditions are casting an...
“Yesterday’s decision by the Reserve Bank Board to leave interest rates on hold provides welcome respite for...
The RBA broke a record run of 10 consecutive hikes at its April meeting, holding the official cash rate at 3.6%....
Activity/sales remained in negative territory, according to the Aii, while employment growth slowed. Price pressures eased...
“Both manufacturers and constructors reported that while new orders were sharply down, the existing pipeline of work ensured activity held up in March,” the Aii said.
“Supply chain disruptions and labour absenteeism are both reported to be easing in the new year, lessening the...
Builders and developers have found conditions extremely difficult throughout COVID; as well as battling supply chain...
Those woes have again been thrust into the spotlight with Porter Davis appointing Grant Thornton as liquidators on Friday...
Major casualties have included ProBuild, multibillion-dollar developer Caydon Property Group, and Queensland builder Condev...