From the president

According to the latest Australian Industry Group Performance of Construction Index (see figure 1), our industry continues to expand at historical highs, albeit at a slightly softening rate. There is a confidence by most in our industry as utilisation of equipment continues to remain high. This is further confirmed by the number of new machines entering the CraneSafe program being approximately 40% up year on year across all-terrain and pick and carry cranes. Read more

Crane World Asia adds Terex towers

Crane World Asia adds Terex towers

Singapore-based tower crane specialist Crane World Asia has ordered 31 luffing jib tower cranes from Terex. All of them are CTL 260-18 luffing jib models. CWA also ordered three Terex CDK 100-16 luffing jib derrick cranes. In addition, nine CTL 630B-32, and one CTL 650F-45 luffing jib towers will be delivered for work in South Korea later in 2018. Read more

COUNTING CRANES

COUNTING CRANES

RIDER Levett Bucknall’s Q2 2018 RLB Crane Index, released in April, reported a decline in the number of residential tower cranes in Australia. This is the first decline in residential cranes in three years, reporting a fall of 57 since its last publication. This drop is in line with the slowing of the residential sector over the last year; the value of residential building work has fallen by 2.4%.

Overall, a total of 684 cranes are currently on projects across Australia, only one crane down from the previous index, despite a 10% fall in the residential sector. RLB said the non-residential sector played a key part in off-setting the loss. Here, the index has risen from 117 in Q4 2017 to 166, a rise of 42% represented by an additional 56 cranes across the non-residential sectors. Read more