Construction picks up, but cranes disappearing from apartments

first_imgConstruction work underway at Broadbeach on the Gold Coast.According to surveyor RBL, a total of 685 cranes are currently located on projects across Australia, with 350 in Sydney, 151 in Melbourne and 116 in Brisbane and on the Gold Coast. Mr James said there was nothing in the data to change CommSec’s belief that official interest rates won’t change for at least a year. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE Apartments under construction in Newstead, Brisbane. Photo: Glenn Hunt.Across the four major sub-sectors in the survey, engineering construction activity expanded for a seventh consecutive month to hit 10-year highs. Government spending on road, rail and public transportation-related infrastructure projects continues to drive engineering jobs, wages growth and construction work. The home building sector also expanded in October, though at a slower rate of growth. PROPERTY BEATS SUPER HANDS DOWN BRISBANE’S PRESTIGE MARKET ON FIRE PLENTY OF HOMES FOR HORSE LOVERS More from newsParks and wildlife the new lust-haves post coronavirus23 hours agoNoosa’s best beachfront penthouse is about to hit the market23 hours agoApartment-related activity picked up, but it remained at contractionary levels as new orders softened and investor demand continued to wane following recent lending restrictions.Ai Group head of policy Peter Burn said the outlook for the apartment sub-sector was for a continuation of the orderly retreat from historically high levels that had been evident over the course of 2017. “There may still be plenty of cranes visible on new apartment sites but there are now many less than was the case a year ago,” he said. Construction work across Australia has picked up for a ninth straight month, new figures show. Photo: AFP/Armend Nimani.CONSTRUCTION work across the nation has picked up for a ninth straight month, but the cranes are starting to disappear from apartment sites, according to new figures.The Australian Industry Group Performance of Construction index eased to 53.2 in October from 54.7 in September.Any reading above 50 signifies expansion or growth of activity, however the pace of growth has been slowing since July.center_img Apartments under construction in Newstead, Brisbane. Photo: Glenn Hunt.Housing Industry Association principal economist Tim Reardon said house building had continued to cool modestly throughout the year and he expected that to continue into 2018.“The easing in the pace of contraction in the apartment side of the market is welcome news in a market that has slowed over the year,” he said.CommSec senior economist Craig James noted the survey showed infrastructure-related construction work was booming across the nation. “While mining projects have been completed, the handover to non-mining sources of construction, especially road, rail and transport projects are driving growth and creating jobs,” he said in a note to clients.last_img read more

Juanita I. Clark, 87

first_imgJuanita I. Clark, 87, Greensburg, Indiana, passed away on Saturday, February 18, 2017 at the Heritage House Nursing Home in Greensburg. Born May 23, 1929 in Greensburg, she was the daughter of Leonard and Grace (Buell) Clark.  She was a member of the First Baptist Church.  She is survived by several nieces, nephews, great nieces and great nephews. She was preceded in death by her parents; one brother, Bud Clark; five sisters, Mary Best Bockover, Ruth Clark, Evelyn Clark, Jeanette Clark Eaton, Jessie Mae Clark. Private services will be held for the family at a later date. Interment will be held in the South Park Cemetery. Memorials may be made to the Our Hospice of South Central Indiana. Porter-Oliger-Pearson Funeral Home has been entrusted with the arrangements. Online condolences can be made to the family at www.popfuneralhome.comlast_img read more

Jurgen Klopp has no plans to sign a striker for Liverpool in January window

first_img The manager also mentioned forward Roberto Firmino – a summer signing with one goal for the club to his name so far – on Saturday as he insisted he was content with the options he already has. “It is a situation I can work with,” the German said ahead of Sunday’s Barclays Premier League game against West Brom. “And if you take a new player, a striker, who can help you immediately, and then when the day comes and Daniel is back in the race and maybe better than before, more confident, fitter than before, then we would sit here and talk about all the problems we have with all these players that are not playing and so on. “So I am not like this, sorry.” Klopp – who does have five-goal playmaker Philippe Coutinho back available now after a recent spell out with a hamstring injury – gave an update Sturridge’s progress, emphasising the need to give the England international “more resistance for the intensity of football”. Klopp said: “At the moment he is doing aerobic training. It is very important to give him a better base than he had before. “We have to give him more resistance for the intensity of football. That is what we do, together with him.” Klopp expects Jordon Ibe to be fit to return to the Liverpool squad on Sunday after the winger missed the 0-0 Europa League draw at Sion on Thursday due to illness. Klopp also revealed that defender Mamadou Sakho, absent for the last six games because of a knee complaint, has returned to training and could be available for the trip to Watford on December 20. Liverpool boss Jurgen Klopp has stressed he is not looking to recruit a new striker in the January transfer window. Press Associationcenter_img The Reds are once again without the injury-plagued Daniel Sturridge after he was ruled out for a number of weeks by a hamstring problem sustained last weekend, while fellow frontman Danny Ings (knee) is sidelined for the rest of the season. The strikers available to Klopp are Christian Benteke, scorer of five goals in all competitions since his summer move from Aston Villa, and Divock Origi. last_img read more