In today’s dynamic property and construction landscape, managing costs effectively is critical to project success. With rising material prices, regulatory requirements, and economic uncertainties, developers, builders, and financial institutions must have absolute cost certainty to mitigate financial risk. This is where expert quantity surveying makes all the difference. At Newton Fisher, we specialise in cost planning, […]
If you’re undertaking a commercial/residential construction project or building a new home, one of the biggest challenges you’re going to face is securing finance. Before a bank will lend you money, they will need a clear understanding of associated costs and risks.
All too often, we, as Quantity Surveyors, become engaged on a project after the concept design has been completed and the plans have had council approval. Would the input of a QS have made a difference to where the design ended up? In some cases, the answer is no but in many cases the answer […]
If you have an income-earning asset (such as an investment property) and don’t have a tax depreciation schedule, you could be missing out on thousands of dollars of tax savings.
CoreLogic’s Cordell Construction Cost Index (CCCI) for Q4 2021 showed that despite an easing in the quarterly rate of growth, national construction costs increased 7.3% over the 2021 calendar year, the highest annual growth rate since March 2005.
Historically low interest rates now in place in Australia will be a particular boon to the construction, manufacturing and retail sectors, economists say. The Reserve Bank of Australia cut rates by 25 basis points to 1.25 per cent on Tuesday, meaning businesses will pay lower costs to borrow money. Industry research company IBISWorld said on […]
