The seasonally adjusted estimate of building work done rose 3.9% in the June quarter 2006, to $14,973.8m. Residential building rose 2.7% to $9,140.2m. Non-residential building rose 5.8% to $5,833.5m. Total construction work done rose 3.6% to $25,582.......
Property and funds management group Cromwell Corporation Limited plans to develop a new $400 million office and retail precinct in Bundall on the Gold Coast over the next five to seven years.......
The Reserve Bank of Australia [RBA] has raised the official interest rate by 0.25%, to 6% citing strong economic activity and the need to contain inflation.......
More than 10,000 competitors will converge on the Gold Coast for the 2006 Pan Pacific Masters Games in three months' time, strengthening the city's bid to become Australia's events capital.......