COVID-19 and Construction

COVID-19 and Construction

Australia’s response to the COVID-19 pandemic has undoubtedly managed to save a lot of lives, but successfully navigating the crisis has come at a cost, a lot of which is yet to borne by the Australian economy.

The construction industry is no stranger to downturns and slumps, but even with government stimulus packages, recovery is going to be an uphill battle. Given that 1 in 10 Australians rely on the construction industry for employment, a plan for revitalizing that sector would go a long way to fast tracking recovery efforts for the economy.

The construction industry runs on a wide array of skillsets, from labourers to engineers and project managers, so any stimulus package aimed at this sector would go a long way to getting a major portion of the currently unemployed labour market back to work.

Members of the Civil Contractors Federation (CCF) participated in a survey that revealed the civil infrastructure sector has the capacity to take on more projects. The sector has the ability to tender for more civil construction projects, with a high chance that more workers will be employed.

Ainsley Simpson, Chief Executive Officer of CCF National, stated the results of the survey indicate a “significant capacity” for construction companies to offer assistance in economic recovery to the Federal government. “All infrastructure – urban and regional, large and small, new and aging, – can deliver more for our communities.”

 

The benefits of a building cost estimator, Sydney

Building cost estimator, Sydney services create an accurate starting point for every constructions. Bringing on board experienced estimating services, Sydney will significantly improve the outcome of every construction, be it a residential home, or a commercial office block.

Accurate costing helps ensure budgets are set realistically, and efficient supply chains are in place to prevent unnecessary holdups and scheduling issues.
If your company is in line to qualify for a government stimulus package for the construction industry,

 

How a building construction cost estimator can help

 

Construction cost estimators like Newin Building Estimating Services are a professional service with extensive experience in the building industry and associated trades. If you are looking to understand the latest building costs in Sydney, reduce your building construction costs and streamline your building project, a building cost estimator can help.

 

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Newin is your best choice for fast, accurate, professional construction estimates and quantity surveys at any stage of your project.

Contact Hai today for a FREE no-obligation discussion about your project.

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