Today’s market insights paint a challenging picture for Australia’s residential construction sector. Despite the macro-economic picture of declining residential construction output, demand remains robust with nearly 75% of homebuilders surveyed reporting that demand for services… Read more
Tracking progress in infrastructure construction projects is vital for ensuring they finish on time, stay within budget, and meet quality standards. Traditionally, these tasks relied on manual methods like paper-based reporting and periodic site visits…. Read more
Globally, buildings account for 30-40% of all primary energy consumption and nearly 30% of global greenhouse gas emissions, highlighting the importance of sustainable construction. Decarbonizing the built environment could create new green value pools across… Read more
Technology is changing industries worldwide, and homebuilding and residential construction are key examples. In the last decade, innovations like the Internet of Things (IoT) and artificial intelligence (AI) have transformed residential construction. These advances have… Read more
The construction industry generates about 30% of global waste, making it one of the largest contributors to waste streams worldwide. It is estimated that up to 30% of all building materials delivered to a construction… Read more
In recent years, an estimated 75% of global construction firms have invested in cybersecurity insurance to protect against financial losses from cyber incidents. Data security is a critical concern in construction management due to the… Read more
Risk management is a crucial component in the successful execution of civil engineering projects. The complexity and scale of these projects often involve numerous variables that can impact their outcome. Effective risk management ensures that… Read more
The global smart building market is expected to grow at a compound annual growth rate (CAGR) of 33.6%, reaching $108.9 billion by 2027. Over the last five years, smart building technology has undergone significant advancements,… Read more
As the Australian construction industry faces an ongoing skilled labour shortage, the need for inclusive leadership has never been more critical, with current statistics revealing that women remain significantly underrepresented in both trade roles and… Read more
Prefabricated construction has made a comeback in recent years, driven by advancements in technology, sustainability concerns, and the need for efficiency. The global prefabricated building market is expected to grow at a compound annual growth… Read more
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