David Wheeldon . Articles Formations: Six innovative Australian practices chosen for Venice Biennale Some of Australia’s most innovative architecture practices have been selected to exhibit within the Formations exhibition at the Australian Pavilion during the Venice Architecture Biennale in 2012. First Masters store for NSW opens in Sydney The first Masters Home Improvement store in New South Wales open this week in Gregory Hills, South West Sydney. Rheem hot water system wins Energy Saving Product of the Year Award The Rheem 24 7 Star Equivalent was named 2011 Energy Saving Product of the Year at the annual Master Plumbers Association awards for excellence in Western Australia. Building approvals fall further in October Building approvals in October 2011 slumped to their lowest level since March 2009, the latest report from the Australian Bureau of Statistics shows. NSW scheme unlocks investment in environmental retrofits: GBCA praises government The NSW Government release of the Environmental Upgrade Agreement Template for commercial and industrial properties shows a commitment to green leadership, according to the Green Building Council of Australia (GBCA). Slight reprieve in new home sales statistics New home sales recovered moderately in October 2011, following on from the lowest result in more than a decade, according to the latest HIA - JELD-WEN New Home Sales Report.