The Hire and Rental Association (HRIA) conference is back in town - this time Melbourne.
The industry has been in limbo as it awaits the outcome of the Onsite sale - will it be another PE, Mitsui or Wesfarmers?
As the rental industry luminaries gather to shake hands, the construction industry is rather non-plussed. At the end of the day, steel, concrete and personnel cost a lot more than equipment. However, the industry can't forget that a machinery supplier may represent a small investment, but a huge risk.
Rental has always been, and always will be a fundamental part of the construction industry.
It may only represent a small proportion of a project cost but it has always represented a huge proportion of project risk.