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Economy/Finance

Economy/Finance

FWC orders a 3.5 per cent increase in minimum wages


Posted by Master Builders on 01 Jun 2018 / 0 Comment



On 1 June, the Fair Work Commission (FWC) announced the Annual Wage Review 2017-18 Decision, awarding a 3.5 per cent increase to all modern Award wages and lifting the national minimum wage to $719.20 or $18.93 per hour. The determinations and order giving effect to the Decision will come into operation on 1 July 2018. […]

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Housing

MASTER BUILDERS: RED TAPE PROBLEMS KNOWN; FIND THE SOLUTIONS


Posted by Master Builders on 31 May 2018 / 0 Comment



“Master Builders questions the need for the Labor Government’s Small Businesses Regulation Review into the state’s building and construction sector to help small-to-medium sized businesses avoid red tape obstacles,” Radley de Silva, CEO Master Builders Victoria, said today. “We already know what the problems are. It’s time to solve them.” “Master Builders has long been […]

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Economy/Finance

State Budget: BIG INVESTMENT, ONLY PART OF THE SOLUTION


Posted by Master Builders on 02 May 2018 / 0 Comment



“We applaud the Treasurer of Victoria on the record $13.7 billion commitment in 2018-19 on our state’s infrastructure—taking the average infrastructure spend to $10.1 billion per annum over the next four years,” Radley de Silva, CEO Master Builders Victoria, said yesterday. Click here to see Master Builders’ brief summary of the budget. “This action suggests […]

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Economy/Finance

Victoria’s economic strength lies in healthy focus on building and construction policy


Posted by Master Builders on 26 Apr 2018 / 0 Comment



The Victorian economy remains robust, with the latest economic data showing the state is exceeding the national average across all economic indicators. According to Master Builders Victoria’s latest Victorian Building and Construction Industry Outlook (March 2018), economic growth in Victoria is expected to grow almost a full percentage point higher than the national average (3.7 […]

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Economy/Finance

Victorian building and construction industry outlook


Posted by Master Builders on 24 Apr 2018 / 0 Comment



The latest economic report for Victoria is now available. Victoria’s economy remains upbeat, with indicators showing the state experiencing economic growth, aided by an expanding population. This has provided room for more growth in the building and construction sector and made the sector’s contribution to Victoria’s economy reach a record level. For the full report, […]

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