“The windfall sale amount of the Port of Melbourne means crucial infrastructure projects need no longer languish in the conceptual stage,” Master Builders Association CEO Radley de Silva says. “They can become real, and planning for shovel-readiness should be the next major step.”
Building and construction see jump in business starts
Data released by the Australian Bureau of Statistics shows a strong increase in the number of new building and construction.
Signs of renewed confidence in the Victorian housing market
Victoria’s strong building approvals performance coincides with the notable improvement in its house prices.