Author: editor
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CFMEU and EBAs: Building Blocks of the Australian Construction Industry
The construction industry in Australia is a crucial component of the nation’s economy, responsible for creating jobs, infrastructure, and driving economic growth. At the heart of this industry, the Construction, Forestry, Mining, and Energy Union (CFMEU) plays a vital role. Understanding how the CFMEU operates and the significance of Enterprise Bargaining Agreements (EBAs) is essential…
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The Ripple Effect: Examining the Impact of Labor Shortages on Construction Costs in Australia
Australia’s construction industry has been facing significant challenges due to a persistent labor shortage. This issue not only affects the timely completion of projects but also drives up construction costs. This blog explores the extent of the labor shortage, its implications on construction costs, and potential strategies to mitigate these challenges. The Current State of…
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Unpacking the Surge: A Deep Dive into Australia’s Construction Cost Increases (from 2020)
The past four years have been a whirlwind for the Australian construction industry. What started with a blip of uncertainty during the initial stages of the COVID-19 pandemic quickly morphed into a sustained surge in construction costs. From aspiring homeowners to seasoned developers, everyone involved in building projects has felt the pinch. This blog post…