Posts Tagged ‘construction’
Why Australia is facing a ‘devastating insurance crisis’ this summer
A national property firm has warned that Australia is facing a “devastating insurance crisis” as this summers triple-dip La Nina threatens to financially ruin underinsured homeowners. MCG Quantity Surveyors, which has offices in Brisbane, Sydney, Melbourne, Newcastle, Adelaide, Perth and Canberra, said that a combination of factors could lead to “one of most financially devastating”…
Read More1000 Assets Report 2022: How investors are changing
After the trials of 2020/21, I expect ‘adaptable’ and ‘resilient’ to be emblazoned across the plinth of every monument to human endurance erected for years to come. We’ve been served up challenges in all parts of life and, to our credit, have mostly found ways to alter our behaviours and make the best of each…
Read MoreHow I’d Repair The Government’s Homebuilder Policy
I’ve been buoyed by the political bipartisanship that’s, so far, seen us deal successfully with the health risks and financial pitfalls from the coronavirus crisis. Up until recently, there’s been a joint effort from both sides of the fence to find workable solutions. I say ‘up until recently’ because one policy just put a handbrake…
Read MoreRenovation Cash Grants – Please, Prime Minister, I want some more
I went out for dinner last night. This would not normally be a news story, but in the current landscape, I could write an article just about that!!!!! Fresh in the back of my mind was the article that I recently wrote for the Australian Financial Review, about the Federal Government’s announcement on Monday of…
Read MoreWithout COVID-19,we were going to be having a great year in Building!
If we compare the number of homes that commenced construction in 2018, compared to 2019, 2018 wins. In fact, the total number of homes that commenced construction in 2019 was 174,246. The total number of new homes that commenced construction in 2019 was 22.6 percent lower than in 2018. So, over the full year, 2019…
Read MoreCase Studies – Estimating costs of our very own Australian Solar Farms
In May 2019, Giles Parkinson titled an article “It’s not easy to build a solar farm in Australia any more”. This was published on the Renew Economy website on the 16th of May 2019. Mr. Parkinson goes on to state that albeit in the past, the powers to be believed it was easier to build…
Read MoreBuilding approvals point to a potential future housing shortage
It doesn’t seem that long ago we were talking about an oversupply of apartments across Sydney, South Melbourne, and Brisbane. However, a lot has changed in the past few years. The ABS October figures on building approvals show a seasonally adjusted estimate for total dwelling units falling by 8.1% in October. The graph below from…
Read MoreTax depreciation estimating – The value of having your finger on the pulse
Back in the day, tax depreciation was not a service that quantity surveyors offered. In fact, it’s an industry that’s not much older than 21 years whereas quantity surveying in general can be traced back to at least 1859 but possibly 1785. Sorry, you’re right, you didn’t ask. Anyway, my point is that most quantity…
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