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A total of 54,803 dwellings commenced construction in the September quarter, according to the latest data from the Australian Bureau of Statistics (ABS). That’s a drop of 5.7% from the previous quarter and down by 2.2% year-over-year.
Landlords are off to a good start this year, with rentals in high demand across Australia, according to the latest data from realestate.com.au.
Residents of the cracked Opal Tower in Sydney will be forced to spend more time outside of their homes after an interim report revealed damages that need major rectification work, as well as a number of issues with the property’s design and construction.