Technology the key to Australian construction industry rebound

With Australia’s economy now shifting strongly from recovery to expansion as a result of a recovery in housing construction in early 2021 the construction sector is poised to expand significantly...

Woodside to Shelve the Shelf

There are reports today that Woodside will postpone making any decisions relating to its $47Bn development pipeline in the NorthWest given uncertainty around oil and gas prices. The energy major...

Woodside shelves expansions on Covid19 and oil price

Energy major Woodside has announced that it has deferred up to $50Bn in in expansion plans amid the market turmoil. Key projects put on ice include the $17Bn Scarborough and...

Grocon hits the wall

Iconic developer Grocon has announced that it is entering administration. Following weeks of media speculation, the company attributes its decision to a stoush with Infrastructure NSW over its planned development...

NRW Acquires 100% of BGC Contracting

After a long courtship, NRW has confirmed that it has acquired 100% of BGC Contracting (excluding the building arm). The deal was done on an equity value of $116.4m with...

Why Choose the Construction Advisor Quarterly?

Subscribers to The Construction Advisor Quarterly Plus get more than just 4 x journals a year…

$8b plan would see Australia’s first offshore wind farm built in Bass Strait

The waters off Gippsland would be home to Australia's first offshore wind farm under a radical proposal for as many as 250 turbines generating enou

CIMIC Sells Down 50% Stake in Thiess

CIMIC Group has today announced that it has sold down 50% of Thiess mining services through Elliot Advisors (UK). The stake is valued at between $1.7-$1.9bn giving the Thiess entity...

Rechargeable batteries made of cement

Researchers from the Department of Architecture & Civil Engineering at Chalmers University of Technology in Sweden have published a new concept for rechargeable batteries made of cement. Dr Emma Zhang...

The October Quarterly Has Landed!

The October edition of the Quarterly is now available for download! In uncertain times, good data and insights are imperative in driving decision making. We bring you all of the...

Melbourne’s Nylex clock to get a revamp

Tenders have now been submitted for Stage 2 of the Caydon Property Group‘s redevelopment of one of Melbourne’s timeless icons, the Nylex clock.  Down by the Yarra River in Richmond,...

Residential Apartment Building Act to go live

September 1st 2020 sees the new Residential Apartment Buildings Act take effect in NSW. Drafted in the wake of the structural building issues identified in 2018/19 the Act is the...

NELA Tender in disarray – Vic Labor in Damage Control

The tender process for the North East Link Project is in disarray after bombshell announcements in the space of 24 hours. On Friday, the CPB led consortium (Onelink) admitted to...

Commercial modular construction targetted by Warren Buffet & Berkshire Hathaway

Warren Buffett is forging further into modular construction, leveraging the Berkshire Hathaway-owned MiTek engineered building products and construction software firm to launch a hybrid offsite-on site building model targeted at...

MWRRG releases new multi-unit development recycling resources

Victoria’s Metropolitan Waste and Resource Recovery Group (MWRRG) has released new, free resources for property managers and owners’ corporations to help improve recycling in multi-unit developments (MUDs). According to a...

What does a 21st Century footbridge look like?

The UK’s Network Rail has developed a new footbridge design, made from plastic and quicker to install. Network Rail says that the innovative circular bridge is set to ‘revolutionise’ the...

As the virus freeze begins to thaw, ‘Winter is Coming’ for construction

After weathering the coronavirus storm relatively well, avoiding the most severe industry restrictions, the short-term future of construction is starting to look bleak. Following a 5.3% fall in construction industry...

Budgeting/Forecasting? The Quarterly is here… and it’s FREE!

Now in its second year, the Construction Advisor Quarterly is still delivering the best industry insights and best of all this edition is FREE! Project lists, the latest ABS data, forecasts...

Submissions open for review of dangerous goods act

Submissions are now open for the Victorian State Government review of the Dangerous Goods Act 1985 with serious implications for the construction industry and its suppliers. The statement headline reads:...

Has the construction industry already caught the virus?

As measures to contain the outbreak of the coronavirus in China (and abroad) remain fluid and changing, the full impact on Australia’s imports and exports remain to be fully realized....

More competition key to keep the costs down on Australian Infrastructure megaprojects

A recent report released by the Grattan Institute states that Australian taxpayers are paying more than they should for infrastructure megaprojects. The ‘Megabang for megabucks: driving a harder bargain on...

Pound Road West upgrade won by Seymour Whyte

  The $135 million project will relieve traffic pressure by connecting South Gippsland Highway to Abbotts Road at Dandenong South. The scope of the project also includes improving access to...

Is the Construction industry losing its MOJO*?

“Ask anyone from a Grade Sep who’s worked 14+hour days, in tight corridors, with ongoing design issues, in bad weather conditions, about how

Downer Looks to Reshape with $400m Raising

Downer Group has today launched a $400m equity raising on the back of a $156m full year net loss. Like moving pieces on a chess-board, the company will book a...

Construction of homes going up in Eurozone as commercial and civil work declines

A renewed increase in new house-building orders is underpinning growth in the eurozone’s construction sector, though commercial work and civil engineering continue to decline. There has been a record rise...

NSW construction projects eligible for recycling grants

New grants are open for construction projects that want to reuse waste materials, such as glass or plastic, to help create a circular economy. The NSW Environment Protection Authority (EPA)...

Perth Refinery to be shut down

British Petroleum (BP) has announced that it will shut its Kwinana refinery after 65 years of operations. At this point, Kwinana is Australia’s largest refinery operation processing up to 150k...

SA Capital Intentions 2020

What’s on the cards for SA investment? 1. Completion of the North-South road corridor through metropolitan Adelaide 2. A grain/minerals port on Eyre Peninsula 3. The GlobeLink upgrade of major...

Another Equipment Rental Company Up For Grabs

The AFR is today reporting that storage container company Royal Wolf Holdings is back on the market seeking upwards of $300m. Owner GFN Asia Pacific is sounding out PE buyers...

Federal Government supporting recycling and waste management infrastructure

The May 2021 budget has allocated over $70 million for new recycling and waste management infrastructure, not only to minimise the environmental impact of waste, but also to create jobs...

Roads Australia releases latest version of strategic plan

Roads Australia (RA) has released the latest iteration of its three-year rolling Strategic Plan, outlining how it will bring industry, government and communities together – leading progress in Australia’s roads, integrated transport...
What’s driving margins in Construction?

What’s driving margins in Construction?

In the latest edition of the quarterly we take a look at what is happening with margins in the construction industry. Margins have been significantly impacted over the past 3...

The hawks are circling as BGC sale enters final stages

The AFR is today reporting that the sale process of BGC Contracting is entering its final stages with a number of parties involved in due diligence. Macquarie Capital is reportedly hosting...

Tenders called for $275 million upgrade to Nelson Bay Road, Nelson Bay, NSW

The Community Consultation Report has been released and tenders called for the $275 million upgrade of 1 km of the Nelson Bay Road from Salt Ash to Bobs Farm, NSW. ...

Lendlease sale complete

Lendlease has this week finalised the sale of its engineering arm to Acciona Infrastructure Asia Pacific. The sale has been a long time coming – first heralded back in 2019....

Shares down and dividend scrapped at Adelaide Brighton

One of the largest suppliers of concrete and cement products in the country has announced a second profit downgrade in three months and scrapped its interim dividend leading to its...

Industry forecasts in the UK predict a 23% rise in cost of infrastructure projects

The cost of infrastructure construction is set to rise 23% over the next five years, according to latest industry forecasts in the UK. Arcadis’ latest Spring 2021 Market View, entitled...

Changes to New Zealand’s buildings laws to speed up housing construction

Major changes to New Zealand’s building laws have come into force to speed up the supply of housing. Building and construction minister Poto Williams said that the new laws will...

Consumer to benefit from rise in renewable energy

There has been a 300% increase in applications for renewable energy development in Victoria over the last four years, and it is anticipated that the interest will remain high, leading...

Onsite Rental Group Goes Back to Market

Major equipment rental supplier Onsite Rental Group is going back to market looking for some fresh cash. Following a failed IPO in 2019, debt-for-equity swap in 2017 and a number...

Directors Penalty Notices – are you vulnerable?

‘Phoenixing’ has long been a concern in commerce with construction particularly synonymous with its use. The practice essentially is winding up a company to avoid paying creditors (including staff entitlements)...

A new suburb for south-east Melbourne

The Andrews Labor Government is ensuring the right infrastructure is in place to support a new community in Melbourne’s south east – including thousands of new homes, four new schools and 22 MCG’s worth of...

Hurry! You can still have input into Infrastructure Victoria’s 30-year strategy

Victorians will need to continue to embrace new ways of living and working in the face of significant technological and environmental disruption, according to Infrastructure Victoria’s draft 30-year strategy released in December...

Restrictions start to bite in Victoria

Stage 4 restrictions in Victoria have had a major impact on the construction sector with up to 13,000 jobs lost in the sector between July and August. Stage 4 includes...

Report finds Australia and New Zealand construction leading COVID-19 recovery in the region

The latest IDC InfoBrief report – Road to Recovery: Overcoming COVID-19’s Impact on the Construction Industry with Digital Technologies – has been released. New research shows that 30% of Australian and...

New technology to improve safety, quality and productivity on construction sites has been development by Monash University

Worksites are busy, complex and dynamic environments. Safety, productivity and quality monitoring requires continuous presence of supervisors on site. Researchers at Monash University have filed a patent for new technology...

Master Builders cool on future of industry…

The commercial construction sector is facing a devastating downturn due to the impact of COVID-19 unless governments act to provide stimulus. Denita Wawn, CEO of Master Builders Australia said, “Commercial...

New Glenhuntly Railway station designs revealed

In April this year, the $507 million contract was awarded to an alliance between Acciona, Coleman Rail, Metro Trains Melbourne and LXRP to remove the level crossings at Neerim Road...

Is AEMO pulling the plug on solar in VIC?

In a sector that has seen its development pipeline slashed on the back of the RCR collapse and uncertainty on policy and commercial terms, news that AEMO has been intervening...

Hyperloop technology could make Melbourne to Sydney quicker than plane

Forget the Melbourne-Sydney rivalry: a rapid transport link betwe

Sydney Fish Market to get a $250 million makeover on new Blackwattle Bay site

The NSW government has unveiled plans for a significant redesign of Blackwattle Bay, shifting the S

State-of-the-art home for the Matildas

The Victorian government has announced that it will be putting over $100 million towards a brand new football complex at LaTrobe University’s Bundoora Sports Park.  The complex will be the...

COVID-19 changing the minds of young people in the UK regarding further education

The Covid-19 pandemic has changed many things, including young people’s aspirations. According to a new survey, more than a third of 16- to 21-year-olds are less likely to choose a university...
Who’s Building Australia?

Who’s Building Australia?

On the back of the news that the Federal Government blocked the sale of Probuild to Chinese buyers citing national security concerns, we thought we’d have a look at who...

CIMIC Results

CIMIC Group has announced a remarkably unremarkable set of results with 1Q NPAT of $166m on Revenue of $3.3Bn. Revenues were largely stable compared with $3.4Bn in 1Q19. Despite the...

Infrastructure spending boosted across Australia

Last week’s Federal Budget included two big wins for the Construction industry. Firstly, the announcement of an additional $15.2 billion for infrastructure projects across the country. The other win was...
$8b plan would see Australia’s first offshore wind farm built in Bass Strait

$8b plan would see Australia’s first offshore wind farm built in Bass Strait

The waters off Gippsland would be home to Australia’s fi

Verve Constructions Joins List of Struggling Builders

Following the collapse of apartment builders Ralan Group and Stellar in 2019 another scalp has been taken in Melbourne based developer Verve Constructions. Verve was currently in various stages of...

John Holland To Deliver New Harbour Rail Crossing With $2.81b Sydney Metro Tunnelling Work

The $2.81 billion Sydney Metro City & Southwest Tunnel and Station Excavation Works (TSE) contr

Infrastructure SA Set To Deliver $8.8Bn In Projects

The Marshall Government in South Australia has announced plans to deliver $12.9Bn in infrastructure spending including $8.8Bn in near-term projects over 4 years. It is a welcome boost to the...

Easy Come, Easy Go, CIMIC To Write-Down almost $1bn

A day after announcing that it had booked between $1.7bn-$1.9bn for selling a 50% stake in Thiess Mining Services, CIMIC Group has today announced that it has failed to claw-back...

$500k To Boost Women In Construction

The Victorian State Government will invest $500k over three years to boost the number of women in construction in the state. The money will be spent on a new online...

Construction Advisor Launches Industry Insights Monthly

Construction Advisor is pleased to announce the launch of our new monthly report Industry Insights. Each month, we bring you all of the latest news, data and trends as well...

State Govt Threatens to Go-It-Alone on North East Link

The Age is today reporting that State Treasurer Tim Pallas is prepared to walk away from the PPP tender process and have the State Government build the freeway itself. The...

Lendlease sold – Acciona takes the ‘good bits’

Spanish construction giant Acciona have today confirmed that they will acquire the engineering arm of Lendlease which has been on the market for some time now. Excluded from the deal...

There is still an imbalance in the ratio of women to men in the construction industry …

A report from the University of NSW published in 2017 that is still very relevant today. Some of the off-putting factors are just as detrimental to men In Australia, women...

Orange Hire Pitched to Market

Mid-tier equipment rental company Orange Hire is ringing the bell to test the market for a buyer in a pitch led by Greenstone Partners. AFR reports the company holds a...

Lendlease Europe on the road to Zero Carbon emissions

Lendlease Europe have set themselves the task of becoming a 1.5°C aligned company. To do this, they will need to meet the following targets: Scope 1 and Scope 2 emissions...

Gas to flow in Victoria from 2021

The Victorian State Government today announced that it will roll-back bans on onshore gas exploration from 2021 angering some environmental groups. The ban on fracking and Coal Seam Gas (CSG)...

Lack of skilled workers impacting road and rail construction in Australia

Roads Australia (RA) and the Australian Railway Association (ARA) have submitted a joint submission to Federal Parliament, hoping for an update to the Priority Skilled Occupations List. Both RA and...

Covid19 Starts to Disrupt the Supply Chain

As we reported early in February, the coronavirus has started to impact on construction supply chains with everything from structural steel, joinery, facades to finishings and fittings facing delays. The...

Engineers Australia Release 9-point plan

1.       Keep the focus on infrastructure projects Shovel-ready projects are a priority because construction is a labour-intensive sector that, if prioritised, can ameliorate the severe drop in consumer demand caused...

VIC, NSW Govts in race to burn the most taxpayer money

The race is tight as news emerges of projections that the Sydney Light Rail project cost has blown-out to $2.9Bn and the Melbourne Metro is already $300m over budget and...

Australia’s largest PET recycling plant under construction

Construction is now underway on a recycling facility in Albury-Wodonga that will see the equivalent of one billion PET plastic bottles recycled each year. Environment Minister and Federal Farrer Member...

Spanish port to test if concrete infrastructure can be nature-friendly

Concrete sea wall and armour units that are designed to be hospitable to marine life are to be tested at a Spanish port following the award of EU funding. ECOncrete...

Stage 4 Lockdown Confirmed To Hit Construction

Victorian Premier Dan Andrews has today announced the shutdown measures that will apply to business in the state under Stage 4 Lockdown. For the first time, construction has not escaped...

Bluescope Back On Track

In welcome news for the local building industry which has been sweating on disrupted supply chains and falling material stock, Bluescope Steel has announced that its China operations are back...

What does the future hold for construction in a Covid19 world?

The construction industry is bracing for what the future may hold as social restrictions expand in the effort to fight the coronavirus spread. In the early days of the virus...

The Construction Industry Gets a Winter Chill

There is no doubt that the Construction Industry and its suppliers have felt a winter chill of late with many reporting poor revenues and frustrating delays. One needs to look...

Producing hydrogen from waste plastic in Scotland

A site in West Dunbartonshire has been chosen for construction of a plant that will produce hydrogen from waste plastic. Peel NRE, part of Peel L&P, will use technology from...

May 2021 Federal Budget includes $10 billion over 10 years on Infrastructure

The Federal Government is continuing to support the economy, which is still trying to cope with the long term effects of the COVID-19 pandemic. One initiative is to prioritise the...

World-wide housing boom puts pressure on resources

Governments around the world are looking to the construction industry to build themselves out of the pandemic. This has led to a shortage in supplies required to fuel the boom,...

Short list for Stage One of Melbourne’s Suburban Rail Loop announced

The Victorian Government has announced today that CPB Contractors, John Holland and Laing O’Rourke have been shortlisted to building Stage One of the Suburban Rail Loop. Works will include construction...

Sydney airport metro rail operator – tender process commenced

The tender process has started to find an operator for the new metro railway line that will service Greater Western Sydney and the new Western Sydney International (Nancy-Bird Walton) Airport....

Is the infrastructure boom already over or just getting started?

Data produced by Infrastructure Partnerships Australia is warning of a slump in infrastructure approvals during the pandemic. The report suggests that only $6.7Bn in projects have been approved in the...

Is industry facing a tidal wave of litigation?

As the industry attempts to digest what stage 4 lockdown restrictions will mean, fears are growing around litigation linked to project delays. There is no doubt that there will be...

What is reverse factoring and why you should care

Cash may be king but cash-flow is the lifeblood of business – particularly small business. Payment terms have long been a concern for suppliers as different customers offer settlement on...

Adbri downbeat on prospects

Construction Materials Supplier Adelaide Brighton has delivered its 2019 results largely in line with market expectations but flagged concerns for the near term. Revenues were down 7% year on year...

What is the ultimate price of the “Big Build’ in Victoria?

Since 2014, when Daniel Andrews became Premier of Victoria, the pipeline of infrastructure projects over the next 11 years has nearly doubled to almost 90, costing taxpayers a total of...

NSW Appoints David Chandler As Inaugural Building Commissioner

NSW has appointed industry veteran David Chandler as the inaugural building commissioner in the first step to addressing the public’s concerns with the industry. Mr Chandler is an Adjunct Professor...

What Projects Will You Be Targeting in 2020?

Quarterly Subscribers Are Already Looking to 2020.

Major Steel Manufacturer Enters Administration

SA Structural, a significant manufacturer of structural steel has entered administration. The company supplied to mining, infrastructure, non-residential and commercial builders. One major project expected to be impacted is the...

Can Construction be done in bank hours?

On the back of the Swinburne study that identified significant issues with mental and lifestyle challenges in the construction industry, another university-backed study has shone a damning light on health...

Probuild sale blocked by Fed

Wilson Bayly Holmes Ovcon (WBHO) the South-African owned constructor has announced that the proposed sale of its Australian building arm Probuild has been blocked based on national security risks. The...

The likelihood of fast rail from Melbourne to Sydney is increasing

Fast rail has been on many wish lists in the past, but it is possible it could become a reality. Co-founder of The Demographics Group, Simon Kuestenmacher, believes that foreign...

As Dyldam takes on water, >$1bn in projects in doubt

Western Sydney and Brisbane apartment developer Dyldam is taking on water with reports that the company is struggling with debt as receivers repossess a number of development sites. Problems within...

Is there a parallel between good Dog Training and good Project (people) Management?

1. Dog breeds are different in terms of their natural strengths and weaknesses, and eve