Removing productivity roadblocks in construction

The record spend in the construction of new infrastructure presents an opportunity to reimagine the construction industry. Current contracting practices for major projects are based on lowest cost which promote an adversarial approach, holding the industry back from realising a $15 billion opportunity.

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Construction – a complex system

To address the construction industry’s challenges we need to shift our thinking of how the construction industry works from an industry made up of defined sectors, tiers and linear supply chains to a highly connected, complex network of suppliers, trades, designers, contractors and clients.

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Build more with less

The record investment in infrastructure has been a consistent response to the pandemic by governments right across the globe. Why? It is economics 101. Every dollar invested in the construction of new infrastructure has a $3 kick on to the wider economy. The nation’s infrastructure advisor recently released a report on Australia’s capacity to deliver the record investment. The report indicated that major public infrastructure activity will double over the next three years, peaking at $52 billion in 2023. For the construction industry, this is a privilege—one that many industries don’t have. But it also comes with a huge responsibility if the nation is to build back stronger.

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