Latest news with #BrisbaneMetro
Sydney Morning Herald
10-07-2025
- Business
- Sydney Morning Herald
Brisbane now most expensive place to build in Australia
Brisbane is now the most expensive place to build in Australia, according to new data. It could push house prices higher and cause further blow outs or delays for major projects. It now costs $5009 per square metre – or about 3 per cent more than second-placed Sydney – on average to build in the city, the 2025 Global Construction Market Intelligence report from Turner and Townsend shows. 'Look, we are pretty concerned about capacity constraints in the Queensland market over the coming years,' project director Tiffany Emmett said. 'We're expecting that they're going to need to draw on interstate resources and skills to help deliver the pipeline. 'If they don't, then obviously there's the risk of budget overruns, projects being delayed, and potentially some projects not even going ahead because they just can't get the ... workers or there just isn't the capacity in the market to deliver them.' Construction costs in Brisbane rose 4.4 per cent last year, and are expected to increase a further 5.5 per cent in 2025 – more than anywhere else in the country. Emmett reports the increases are exacerbated by a growing pipeline of major infrastructure projects – including Cross River Rail, the Brisbane Metro, hospital rescue program, and a new stadium at Victoria Park – in the lead up to the 2032 Olympic Games, as well as significant interstate migration. The Queensland government has previously said it may need to bring more workers in from other states to complete projects. The average wage for Brisbane workers in construction is now $77 an hour, according to Turner and Townsend.
The Age
10-07-2025
- Business
- The Age
Brisbane now most expensive place to build in Australia
Brisbane is now the most expensive place to build in Australia, according to new data. It could push house prices higher and cause further blow outs or delays for major projects. It now costs $5009 per square metre – or about 3 per cent more than second-placed Sydney – on average to build in the city, the 2025 Global Construction Market Intelligence report from Turner and Townsend shows. 'Look, we are pretty concerned about capacity constraints in the Queensland market over the coming years,' project director Tiffany Emmett said. 'We're expecting that they're going to need to draw on interstate resources and skills to help deliver the pipeline. 'If they don't, then obviously there's the risk of budget overruns, projects being delayed, and potentially some projects not even going ahead because they just can't get the ... workers or there just isn't the capacity in the market to deliver them.' Construction costs in Brisbane rose 4.4 per cent last year, and are expected to increase a further 5.5 per cent in 2025 – more than anywhere else in the country. Emmett reports the increases are exacerbated by a growing pipeline of major infrastructure projects – including Cross River Rail, the Brisbane Metro, hospital rescue program, and a new stadium at Victoria Park – in the lead up to the 2032 Olympic Games, as well as significant interstate migration. The Queensland government has previously said it may need to bring more workers in from other states to complete projects. The average wage for Brisbane workers in construction is now $77 an hour, according to Turner and Townsend.
The Age
29-06-2025
- Business
- The Age
A new Metro and a huge bus route overhaul start today. Here's what you need to know
The most significant shake-up of the city's bus network in years takes effect from Monday, with more than 150 routes changing and a new Metro route starting. Lord Mayor Adrian Schrinner has described the latest update to the $1.5 billion Brisbane Metro and the new routes as the biggest improvement to Brisbane's bus services in decades. Inspired by world-class networks, the new system will add 160,000 services per year, with Brisbane City Council hoping faster and more reliable trips will support the city's increasing population. Growing pains are already being felt, with many commuters angry at the changes. Some were shocked to discover they would have to change buses midway through their journey. Others may lose their service entirely. One example was the 175 service, which no longer stops at the Mater Hill station on the South East Busway. Corrine McMillan, the state Labor MP for Mansfield, said scrapping routes left her community without alternatives as they were far from train lines. LNP councillor Ryan Murphy, formerly the council's transport chair, has conceded about 15 per cent of bus trips will take longer than they previously did. The changes As of Monday, the Brisbane Metro will run between Eight Mile Plains and Roma Street. Following the introduction of the M2 earlier this year, the council said total Metro capacity would be nearly 20 million trips per year.
Sydney Morning Herald
29-06-2025
- Business
- Sydney Morning Herald
A new Metro and a huge bus route overhaul start today. Here's what you need to know
The most significant shake-up of the city's bus network in years takes effect from Monday, with more than 150 routes changing and a new Metro route starting. Lord Mayor Adrian Schrinner has described the latest update to the $1.5 billion Brisbane Metro and the new routes as the biggest improvement to Brisbane's bus services in decades. Inspired by world-class networks, the new system will add 160,000 services per year, with Brisbane City Council hoping faster and more reliable trips will support the city's increasing population. Growing pains are already being felt, with many commuters angry at the changes. Some were shocked to discover they would have to change buses midway through their journey. Others may lose their service entirely. One example was the 175 service, which no longer stops at the Mater Hill station on the South East Busway. Corrine McMillan, the state Labor MP for Mansfield, said scrapping routes left her community without alternatives as they were far from train lines. LNP councillor Ryan Murphy, formerly the council's transport chair, has conceded about 15 per cent of bus trips will take longer than they previously did. The changes As of Monday, the Brisbane Metro will run between Eight Mile Plains and Roma Street. Following the introduction of the M2 earlier this year, the council said total Metro capacity would be nearly 20 million trips per year.
The Age
18-06-2025
- Business
- The Age
The winners and losers in the Brisbane City Council budget
Brisbane City Council's latest budget promises lower rates than other nearby councils, but you might be wondering what else is in the budget for you. We've picked out a few of the winners and losers. Winners Residents of Annerley: While average rates will increase by 3.87 per cent across Brisbane, increases will differ by suburb. Owner-occupiers living in Annerley will have their annual general rates decrease by 2.84 per cent. People who want to ride or walk over the Story Bridge: The Story Bridge footpaths closed on March 5. The council will spend $18 million on the bridge over the next 12 months, including on replacing the footpath deck, with parts to take at least 17 weeks to manufacture. The council is hopeful at least one new footpath deck can be opened by the end of this year. People who have a green bin: From August, Brisbane residents will pay $512.96 for waste removal, as the council makes green bins 'part of the business as usual services'. The increase of $49.62 is the cost residents currently pay for green bin services, although the changes will make the surcharge mandatory. Fans of big buses in the suburbs: Council will progress the business case into future stages of the Brisbane Metro, north to Carseldine, south to Springwood, east to Capalaba and to the Brisbane Airport Metro. People who walk between Olympic Games venues: The council has pledged $1.9 million to plant trees along key transport corridors over the next two years, giving them time to grow for the 2032 Olympic Games. More details about where the trees will be planted have not been released. Mount Gravatt koalas: Following up its Mount Coot-tha ecotourism precinct masterplan, the council has its eyes on land near another Brisbane quarry for rehabilitation: the Pine Mountain Quarry. Lord Mayor Adrian Schrinner said the recycling depot near the retired quarry would be rehabilitated by the same council-led agency taking on the Mount Coot-tha quarry.
