Fears of a flat crash

Article Abstract:

Michael Buxton, executive director of MAB Corporation states that property developers in Melbourne are facing trouble because of rising construction costs and slowing demand from investors. Apartment sales are slowing as investors become nervous about rising rental vacancy rates and Reserve Bank warnings about the level of household debt.

Author: Stensholt, John
Land Subdivision and Land Development, Commodity & service prices, Subdividers & Developers, Subdividers and Developers, Real estate developers, Prices and rates, Company pricing policy

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Outlook positive

Article Abstract:

The Australian construction company Rinker Group gets 80% of its revenue from its U.S. base. While many Australian construction companies are struggling, Rinker is sitting comfortable, as the construction outlook is good in the U.S. Rinker is not interested in getting listed in the U.S. market but welcomes support from U.S. investors.

Author: Stensholt, John
United States, Sales, profits & dividends, Securities issued, listed, Securities, Company sales and earnings, Company earnings/profit, Company securities, Rinker Group Ltd., RIN

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Team player

Article Abstract:

The career of Phillip Wolanski, Managing Director of DW & Co, and his contribution in DW & Co, are presented.

Author: Stensholt, John
Executive changes & profiles, Officials and employees, Wolanski, Phillip

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Subjects list: Management, Construction industry, Company business management, Australia
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