International criminologists told a Queensland inquiry that the CFMEU allegedly used organised crime-style methods, including fear and coercion, to control the construction market and exclude competitors. Experts cited allegations of violence, intimidation, and illegitimate use of agreements, suggesting a pattern of 'criminal governance'.
Germany's construction sector anticipates stagnant business in 2026 due to rising inflation, material costs driven by the Middle East conflict, and a severe housing shortage. The BVB forecasts minimal nominal growth of 0.3% to €433 billion, with employment expected to decline.
Fuel surcharges and price hikes linked to the Middle East conflict are significantly increasing residential construction costs in Sydney, Australia. Builders like Rocco Natoli face substantial extra expenses on materials and deliveries, impacting their profitability and contributing to inflation.
As Hong Kong prepares for another major push in public works, one question deserves far more attention than it has received: are we buying infrastructure in a way that is sustainable for the construction industry and the public as a whole? In his February budget, Financial Secretary Paul Chan Mo-po announced that HK$150 billion (US$19.1 billion) will be transferred from the Exchange Fund to support the Northern Metropolis and other infrastructure projects in the coming two years. This major...
New research reveals 89 per cent of construction workers have gambled in the past year — higher than the national average.
