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Cur­rent state of the con­struc­tion and infra­struc­ture market

The build­ing and con­struc­tion indus­try is sig­nif­i­cant and com­plex, with a land­scape which is con­stant­ly changing.It is cur­rent­ly char­ac­terised by: sig­nif­i­cant pub­lic invest­ment in nation­al infra­struc­ture with a $213 bil­lion pipeline over 5 years to finan­cial years 2027 – 28plan­ning approval delays par­tic­u­lar­ly in NSWhigh costs of constructioncon­tin­u­ing and increas­ing con­struc­tion relat­ed insolvenciesa chron­ic short­age of housinga…

Might a Receiv­er of a dis­tressed devel­op­ment project owe a duty of care to sub­se­quent own­ers of the lots when completed?

Upon tak­ing pos­ses­sion and con­trol of an incom­plete dis­tressed devel­op­ment asset, a secured financier will more often than not look to com­plete the project works itself in order to max­imise its recovery.This may neces­si­tate the financier assum­ing respon­si­bil­i­ty for the build­ing con­tract in order to com­plete the project works or engag­ing a replace­ment…

Which edi­tion of Build­ing Code of Aus­tralia applies to devel­op­ments in NSW?

The Build­ing Code of Aus­tralia (BCA) is part of the the Nation­al Con­struc­tion Code (NCC). The NCC is updat­ed every 3 years, based on required reg­u­la­to­ry prac­tices, indus­try research, pub­lic feed­back and pol­i­cy direc­tions from gov­ern­ments between pub­lish­ing cycles.Con­struc­tion projects often span 2 ver­sions of the BCA.There has his­tor­i­cal­ly been much debate in the New…

Amend­ments to NCC 2022 com­menc­ing on 1 May 2025

Back­groundThe Aus­tralian Build­ing Codes Board (ABCB), a joint ini­tia­tive of the Com­mon­wealth and state and ter­ri­to­ry gov­ern­ments togeth­er with the build­ing and plumb­ing indus­tries, is respon­si­ble for the Nation­al Con­struc­tion Code, Water­Mark and Code­Mark Cer­ti­fi­ca­tion Schemes, and reg­u­la­to­ry reform in the con­struc­tion industry. One of the ABCB’s pri­ma­ry roles is to update and main­tain…

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