2016 will be a big year for construction company stories. The market's competitive dynamics are now starting to change. The share price of some our major Australian construction businesses would signal that they are fully priced and show no great prospects for a leap in shareholder value any time soon. Most are trading around their 10-year averages ... READ DAVID'S FULL ARTICLE IN SOURCEABLE
At a National Infrastructure Summit organised by the Australian Financial Review in June, Lend Lease chief executive officer Steve McCann told the audience that contractors around the country were being forced to take on too much risk on public sector infrastructure projects, and that a trend to place more risk onto contractors was driving up pricing, impacting productivity and leading to a higher cost society ... CLICK HERE FOR PUBLISHED
Amy Marks made a compelling case for clients to rethink how they buy their construction projects in future. Marks is the President of ... CLICK HERE FOR PUBLISHED ARTICLE
The distinction between general construction contractors and residential builders is becoming blurred. This blurring may test the traditional demarcations between the housing industry and construction industry associations. It will certainly challenge the role of unions as the more able residential builders translate their procurement and supply chain model to increasing volumes of “build to order” multi-dwelling construction. This transformation will be well underway by 2023. Australia’s policy makers and constructors
This report started with my observations of Meriton’s current residential development at Macquarie Park. I have been looking for examples where increased off-site manufactures can contribute to more efficient on-site construction productivity. For those interested, it is instructive to have a look around projects under construction to observe thosewhere there are signs of good organisation and pre- planning. I am keen to identify instances where smart clients are able to
