Browsing: Construction

Construction
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Supply chain disruption and rising material costs are putting additional pressure on construction firms already stretched thin, with many now turning to digital solutions, says Payapps Chief Operating Officer Tony Simonsen According to the latest New Zealand Core Logic data, construction costs in New Zealand have increased by 6.2 percent last year, largely due to rising commodity and raw material prices. Continue →
Construction
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The collapse of Australian construction firm Probuild is unfortunately just one of the many detrimental outcomes we can expect to see unless more is done to effectively manage risks, Felix Chief Executive Mike Davis says Probuild will likely remain stalled for now, leading to more delays and cost overruns, compounding the adverse outcomes for owners, subcontractors, staff and significant ripple effects throughout the industry and wider community. Continue →
Construction
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Organisations in construction are operating blindly against an evolving backdrop of supply chain risks and changing business landscape, due to a staggering lack of transparency, procurement platform Felix reveals in its Building in the Dark report The report, developed in collaboration with industry consultancy Entwine, uncovers critical industry need for more supply chain transparency and effective risk management. Continue →
Construction
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The cost of both residential and non-residential construction rose more than 10% last year and similar forecasts are expected for 2022 according to the NZ Infrastructure Commission’s Quarterly report “Infrastructure providers, property developers, and households are trying to build more than ever, but labour shortages, material supply chain bottlenecks, and Covid-induced slowdowns have gotten in the way,” says Commission Director of Economics, Peter Nunns. Continue →
Construction
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Construction in most of New Zealand has been operating under the Orange setting of the Covid-19 protection framework – SiteSafe and CHASNZ have worked with the industry to develop protocols for operating under the Red setting Site Entry Keep a record of who is on site, and when, every day as you may be required to track back for contact tracing. Continue →
Construction
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The Construction Sector Accord has published new guidance to support government buyers and industry suppliers in applying broader outcomes in construction procurement Broader outcomes are the additional benefits that can be achieved by the way a service, project or goods are produced or delivered. Continue →
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Construction insolvencies made up a quarter of all business insolvencies in the country, spurred further by construction cost rises due to increased demand and supply shortages, the Australian Constructors Association finds Renee Mckeown – The Urban Developer More needs to be done to increase productivity and reduce insolvencies before Australia’s infrastructure activity doubles to the projected $52 billion in 2023. Continue →
Construction
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The adoption of 4.0 technologies in the construction industry will boost productivity and increase wages by billions, BERL research finds Dr Troy Coyle, HERA Chief Executive Construction 4.0 is the name applied to the technologies that are driving the next great industrial revolution, as applied to the construction sector. Continue →
Construction
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CHASNZ has released a set of new protocols for the construction industry once New Zealand enters the new Covid-19 Protection Framework on December 3 A construction industry advisory group revised the previous COVID-19 Alert Level system construction protocols in response to the Government’s recently announced COVID-19 Protection Framework – also known as the Traffic Light system. Continue →
Construction
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For over eighteen months, the construction sector has experienced unprecedented project delays, budget blowouts, and shortages of labour, says Rob Bryant InEight EVP of APAC Rob Bryant In Australia, construction site closures in New South Wales have contributed to timeline overruns, in addition to costing the building sector a conservative estimate of $1 billion per week in that state alone.    Continue →
Construction
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A new study highlights the challenges we currently face around construction material supply and what needs to be done to overcome these challenges, says New Zealand Infrastructure Commission Chief Executive Ross Copland New Zealand faces challenges in meeting demands for key construction materials for infrastructure, with a risk of delays to major projects. Continue →
Construction
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New Otago University research reveals that New Zealand’s construction workers are more than two times more likely to die by suicide than the rest of the workforce, but one group has achieved global recognition in trying to turn things around While construction workers make up about 9.5% of all workers, the study found that between 17.3% (2010/11) and 29.7% (2018/2019) of those who died by suicide in New Zealand were employed in the sector. Continue →
Construction
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An upcoming state-of-the-art office building in Dunedin will be the case study for new safety trials, aimed at lowering the high number of workplace accidents in the building industry The construction industry represents 8% of the workforce, but accounts for more than 16% of ACC work claims, at a cost of $158 million annually. Continue →
Construction
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In the past year, several high-profile payment disputes in the construction industry have made headlines for all the wrong reasons, and a new Bill threatens to make things worse, says Payapps Chief Operating Officer Tony Simonsen In 2020, 58% of unreasonable contract disputes cost up to $99,000, 18% cost between $200,000-$999,999, and 6% cost more than $2 million, the 2021 BDO Construction Sector Report found. Continue →
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A five-company alliance in North America are bringing together best-in-class technologies and risk knowledge to provide construction managers with a 360-degree view of construction sites and real-time alerts regarding workers’ adherence to safety regulations Zyter, a leading digital health and IoT-enablement platform, has announced it is collaborating with Zurich, Qualcomm Technologies, Everguard and Rudolph Libbe Group (RLG) to advance the use of AI-based Internet of Things (IoT) technologies to enhance construction safety. Continue →
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Dan Pollard, founder of trades software company Fergus, gives a breakdown of the current challenges facing the industry, and considerations to help get through the months ahead August’s lockdowns and tight restrictions coupled with border closures and broken supply chains had a noticeable impact on the construction industry. Continue →
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