In the media
E-commerce boom has property bankers eyeing warehouses
Data centres, hospitals and build-to-rent apartment blocks are the beacons of hope for institutional investors in real estate in 2021 after the sector s traditional trophy assets – major malls and big city offices – lost some of their lustre through the disruption of last year (14 January 2021). More.
The solar panel fire season is getting more intense in Australia
A recent report rated Australia as one of the cheapest per kilowatt for solar PV, but it questioned our safety standards. Poor-quality solar rooftop components have led to an expanding list of product recalls (14 January 2021). More.
In the media
PCA: HomeBuilder the workhorse of economic recovery
The success of the Federal Government s HomeBuilder grants program demonstrates the power of residential construction in supporting jobs and driving economic activity. According to new figures from Treasury, more than 75,000 households have applied for the HomeBuilder grant with around 80 per cent of these for new construction (20 January 2021). More.
Managing large-scale construction projects to avoid cost overruns
Researchers from the University of Stavanger, University of Melbourne, and University of Wisconsin-Madison have published a new paper in the Journal of Marketing that examines how major projects undertaken by temporary organisations can be better managed so that cost overruns are minimised. Such cost overruns are a common outcome of major engineering and construction projects (19 January 2021). More.
The NSW Government has enacted the
Design and Building Practitioners Act 2020 (DBP Act) to improve the quality of building and construction work. The DBP Act is designed to hold Design Practitioners, Principal Design Practitioners, Building Practitioners and Professional Engineers (registered practitioners) accountable for their work.
Whilst part of the DBP Act has already commenced, to give effect to key parts of the DBP Act on 1 July 2021 regulations will need to be put in place. A draft Design and Building Practitioners Regulation (
draft Regulation) has been released for public comment. The deadline for submission of public comments is 11 January 2021.
The draft Regulation covers a number of areas, including: