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Construction Industry’s Growth in 2021

Construction Industry’s Growth in 2021

As Covid slows down in Australia, there has been significant government funding towards the construction industry. Most funding is being targeted towards infrastructure and has caused part of the residential market to slow down....

New Land Tax concessions for Build to Rent Developments

New Land Tax concessions for Build to Rent Developments

The NSW Government is introducing a #landtax discount for new build-to-rent housing projects until 2040 and a new Housing Diversity SEPP to provide more housing options, greater surety for renters, boost construction and support jobs during the COVID-19...

4 contradictions we often see with construction businesses

4 contradictions we often see with construction businesses

1. Revenue vs Cashflow: Big revenue figures are good, needless to say, progress payment drawdowns should lineup with expense due dates. Where possible negotiate down (or remove completely) any retentions; result = better cashflow 2. Labour costs vs Labour Efficiency:...

There are so many moving parts to a development site……

There are so many moving parts to a development site……

And keeping track of the key performance indicators is essential. Listed below are 12 KPI's that every property developer should track to ensure the build keeps to time, runs efficiently and ultimately makes a profit. Out of these 12 KPI's the one that often gets...

“Where the Hell did my $8,000,000 GO!!!”

“Where the Hell did my $8,000,000 GO!!!”

Words used by a #propertydeveloper that built and sold 14 apartments and saw very little of the $8m sales proceeds. We had the opportunity to break down the numbers for the development site and the pic below tells an interesting story. From the $8m proceeds:...

4 BIGGEST CONTRADICTIONS RUNNING A CONSTRUCTION SITE

4 BIGGEST CONTRADICTIONS RUNNING A CONSTRUCTION SITE

Construction is a tough game, and business owners often focus on the wrong KPI’s. Here are 4 contradictions we often see with #construction businesses: 1. Revenue vs Cashflow: Big revenue figures are good, needless to say, progress payment drawdowns should...

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PALLIUM CONSTRUCTION ACCOUNTANTS

7G/80B Ropes Crossing Boulevard, Ropes Crossing, NSW 2760

1300 339 123

office@pallium.com.au

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