NEWS

The latest news from TPM Builders
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30 Jun, 2023

Construction spending in Queensland Budget (2023-24)

Queensland Treasurer Cameron Dick unveiled the 2023-24 budget on the 13th of June. This state budget showcases a record surplus of over $12 billion, which the Palaszczuk government will put towards its biggest building and cost-of-living programs.  How is this possible? State government revenue received a massive boost in 2022-23, thanks to a $10 billion […]

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30 May, 2023

Commercial construction spending (budget 2023-24)

On the 9th of May, the Albanese government unveiled its first budget to a nation still recovering from economic shocks caused by the COVID-19 pandemic.  Treasurer Jim Chalmers had a clear message: it’s time to invest in the nation’s prosperity and foster a fairer society.  In summary: The federal budget is expected to deliver a […]

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07 Mar, 2023

Employment in construction industry (update 2023)

Good news: Australia’s building industry has achieved an impressive feat, hitting record highs for employment numbers across the nation. Data from the Australian Bureau of Statistics shows the seasonally adjusted number of people employed in construction stood at 1.28 million when measured in November 2022. This is 12 per cent higher than levels recorded a […]