Lunch VIC CPD Event - Construction Industry Economy Update
We are in an unprecedented economic time where construction raw materials prices are soaring, commodity prices are escalating, the mortgage interest rate is lifting, builders are facing the risks of winding up and the number of insolvencies is also growing. Businesses are having trouble recruiting workers to complete the tasks. Housing affordability remains a crisis and many are wondering, what are the implications of these for the construction industry? What direction could the construction industry heading? And where does our future lies? How can quantity surveyors assist clients in the current market conditions?
Join us for an informative session on Economic Outlook in the Construction Industry, where we have invited special speakers:
- Dr Dan Bunting is an experienced construction industry forecaster, who has been forecasting activity and costs in the construction industry for more than a decade.
- Sam Bennet is the Senior Manager in the Business Advisory & Assurance team at Pitcher Partners, specifically, how the property-related taxes impact the industry
- Peter Watt is the advisor of Northcroft (Victoria) and has been practising as QS for 50 years in the construction industry.
Panel discussions include:
- Overall economic recovery/ inflationary pressures/ influence from COVID-19
- Overall business outlook and support/ tax measure/ Construction economy
- Infrastructure works/ Housing affordability
- Environmental protection/ Zero carbon emission.
Light lunch will be provided before the start of the session (between 12pm and 12.30pm).
ABOUT THE SPEAKERS
Facilitator: Mei Lew
Mei Lew will be the facilitator for the event on the day. She is the Associate Director of Northcroft Victoria and has been in the construction industry for 20 years. Mei has helped many clients with all construction costs relating to property development. She has extensive experience in different projects and among the sectors are residential, commercial, hospital, education, and age care facilities.
Dr Dan Bunting is an experienced forecaster, who has worked in the construction industry for more than a decade. In this time, Dan has regularly produced and presented on the Australian Construction Industry Forum (ACIF) forecasts, where he produces forecasts of activity in subsectors of residential, non-residential and engineering forecasting.
Dan has undertaken other significant work in the sector, including assessing the impacts of tax concessions on building costs and activity, and assessing the potential for the buildings sector to contribute to Greenhouse Gas reductions targets. Dan has also developed calculators for use in the construction sector to assess the impact of climate change mitigation measures on construction and operational costs.
Working with the property industry now for over 10 years in Pitcher Partners, I have developed a strong understanding of the industry, and specifically how the property-related taxes impact the industry. My main driver is to help my clients focus on their wealth generation and support them on their journey by building out a financial story to articulate to the world. I am a Senior Manager in the Business Advisory & Assurance team at Pitcher Partners.
Sam completed a Bachelor of Commerce at the University of Melbourne and has completed his Chartered accountant’s professional qualification. He is currently undertaking his Masters of Entrepreneurship and Innovation at Swinburne University.
Peter is a Fellow of the Australian Institute of Quantity Surveyors (AIQS), and he has 50 years of experience in quantity surveying and management. Peter has worked with a few national QS and global builder companies over his career. With a wealth of experience, he oversees the costings of many projects, from local government projects to constructions oversea.
|Date:||Friday 19 August, 2022|
|Time:||12pm - 1:30pm AEST (12pm for a 12:30pm start)|
|Price:||AIQS Members - $49 (incl. GST)|
Non-Members - $70 (incl. GST)
AECOM, Collins Square, Level 10, Tower Two
|Register:||Please register below|