Articles

What is a Quantity Surveyor and why are they important?

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 […]

Construction costs rising at the fastest annual pace since 2005

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.

Rate cut may help construction industry

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 […]