#Construction
Addressing the Construction industry’s skills shortage
Melissa Stanford, Add Staff Group’s Managing Director, emphasizes the vital importance of continuous investment in attraction and retention solutions in the construction industry.
Grocon goes into administration, putting subcontractors and suppliers at risk of not being paid
One of Australia’s largest construction companies, Grocon, has gone into administration, leaving subcontractors at risk of unpaid contracts. Grocon is known for developments such as Melbourne’s casino, Eureka Tower and the Rialto Towers. Grocon’s chief executive, Daniel Grollo, blamed its administration on Infrastructure NSW for its handling of the Central Barangaroo project. “It is unfortunate […]
Industry Insights Quarter 3, 2019: Construction remains the worst performing industry but others catch up
It is no surprise that Construction remained the worst industry for court actions in Quarter 3, 2019. However, other industries are showing signs of catching up. Construction remained the worst-performing industry in court actions in all states with the exception of Western Australia. Western Australia which saw retail trade as the worst-performing industry for court […]
Most lucrative small business sectors revealed
Sole traders and micro businesses operating in Australia’s tried and tested’ trades-based industries are enjoying the most growth and the greatest financial returns, according to data released by fintech startup Invoice2go. The Most Lucrative Industries for Australia’s Small Businesses list was compiled by aggregating annual invoicing activity of more than 23,000 Invoice2go mobile app users. […]
Government-backed construction employment hub opens doors to Western Sydney Job seekers
Today marks the official opening of an employment hub created by the NSW and Federal Governments to place Western Sydney jobseekers in apprenticeships, traineeships and other construction-related careers. The Northern Road Employment and Training Hub at Penrith will train up local jobseekers to work on infrastructure projects as part of the NSW and Federal Governments’ […]
Five tech waves SMBs should ride next year
New technologies continue to launch in the blink of an eye meaning it isn’t always easy for business leaders to discern which will and won’t advantage their organisation. To help you identify the best tech bets for 2017, here are five guiding principles. 1. Spot the exponential curves and work out the customer value proposition within them Disruption by low-cost competitors […]
Get innovative to grow and allow for failure
I don’t like to fail, but I know it’s all part of the process. In order to succeed, you must first learn to fail. This mantra has enabled my company to experience rapid growth. Makinex wouldn’t exist if it wasn’t for a culture of innovation. We invest up to 10% of our turnover in research and development […]
Your project on time and on budget: Top tips for finding a metal fabrication company
If you are looking for a metal fabrication company for your project, finding the right company can be a challenge. Narrowing down the options is not always easy, and there are a few things that you should consider to make the right decision. The quality of metal fabrication varies from company to company, and you […]
Overcoming barriers to export in construction
Recent Australian Bureau of Statistics’ export figures show that Australia’s manufacturing industries continue to look overseas for export opportunities. According to ABS, 300 Australian manufacturers began exporting for the first time in 2015-2016. With international demand for Australian-made quality products, this is a trend that is likely to continue. In line with this trend, according […]
Securing a place in the building industry’s toolkit
Take a look across the skyline of any Australian capital city and you’ll see the hallmarks of a healthy building and construction industry. Hundreds of tower cranes busily feeding materials to teams of contractors working together to bring the architects’ futuristic multi-story tower designs to life with extreme precision. These complex multi-billion dollar projects, run […]
The tradies on a mission to combat the trade hole
The work is out there to be done and the skills are out there to do it; but tradies are struggling to find jobs and businesses are struggling to find labour. Why? This is what one-time electrician, Steve Daw, calls the ‘trade hole’: “I’ve experienced first-hand the struggle to find reliable workers at the last […]
An industry “slow to embrace technology” – until there’s a real need for a solution
“Universities will want to play a role, industries will want to play a role, start-ups will want to play a role.” These were the words of NSW Premier Mike Baird recently speaking to the ABC about plans to transform Sydney’s inner-west foreshore into a new tech hub. A development some say is long overdue – not least, […]
Construction industry shows August expansion
After declining or remaining stable for 9 months, Australia’s construction industry expanded during the month of August. The Australian Performance of Construction Index (Australian PCI) increased by 6.7 points to 53.8. Readings above 50 indicate an expansion in activity. The expansion has been driven by improvements in the new orders and activity sub-indexes, as well […]
Major construction expected to continue decline
The value of turnover to be sourced from major construction work is forecast to drop by 4.3 per cent by the end of 2015, with a further decline of 1.7 per cent expected to be seen in 2016.
Red-tape reduction to help smaller builders
Small time builders operating in regional areas stand to benefit from changes to the tender process for construction projects fully or partly funded by the government.
FWO focusing on construction industry
The Fair Work Ombudsman (FWO) has today announced a new national campaign focusing on Australian construction businesses.
Get the good oil on contractor payments
Own or operate a building or construction business that pays contractors? Under new taxation legislation you’re required to submit a Taxable Payments Annual Report to the ATO in late July.
ICON Engineering wins $5.5 million Gorgon contract
ICON Engineering has won a $5.5 million contract from Chevron Australia for the Western Australian company to build a Compensated Tension Lift Frame (CTLF) for use during the upcoming drilling and completion programme for the Gorgon Project.
Home prices up 0.4% as home sales plummet to 18 month low
Home prices across Australia remain stagnant, increasing by 0.4 percent in July after falling by 1 percent in June, compounding the lowest new home sales volumes seen in 18 months.
Housing affordability close to ‘record lows’ in HIA-CBA report
Housing affordability in Australia is close to record lows according to the HIA-CBA Housing Affordability Report for the June quarter 2010.
NSW Budget slashes stamp duty to 0% (for some)
New South Wales is the first state government in Australia to introduce zero percent stamp duty, but with limitations and a two year trial period.
Construction sector ‘very fragile’ after interest rate increases
Growth in the construction industry continues to slow concludes the Australian Industry Group/Housing Industry Association Performance of Construction Index for May.
Construction up for April as demand for apartments soar
Australia’s construction sector is up again in April according to the Australian Industry Group Housing Industry Association Performance of Construction Index.
Workers evacuated following asbestos contamination
Hundreds of workers may have been exposed to deadly asbestos fibres at a Kwinana power station, Labor Leader Eric Ripper said today.