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BOUNCE BACK: The HIA says residential construction will begin a revival over 2012 and 2013.

Residential construction to rebound: HIA

The Housing Industry Association says Western Australia's struggling residential construction sector is due to bottom out soon, and is forecasting a rebound of 17.8 per cent over 2012 and 2013 combined.

Despite the predicted growth, however, the HIA has forecast an annual dwelling shortfall of more than 7,000 this financial year, and with its prediction for 2011/12 to be weaker again for housing starts, the shortage is expected to blow out to around 8,000 dwellings by 2012.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 29/07/16

1 year TSR5 year TSR
117thNorthern Star Resources158%67%
129thFortescue Metals Group144%-4%
409thSouth323%0%
487thIluka Resources-8%-14%
567thWoodside Petroleum-22%-2%
777 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/07/16
$0 Other
29/07/16
$0 Other
29/07/16
$414 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st-Fortescue Metals Group$11,264.3m
2nd↑Woodside Petroleum$6,935.4m
3rd-South32$6,492.2m
4th↑Iluka Resources$884.1m
5th↑Northern Star Resources$846.5m
526 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

3rdNev Power$5.992m
12thStephen Pearce$2.551m
25thNick Cernotta$1.566m
Ranked by total remuneration from all listed WA companies

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