Blog
7 Influences That Slow Down A Construction Site
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
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
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:...
How much data are you collecting in your construction business?
As the saying goes "if you can't measure it, you can't manage it" and if you are not both collecting and analysing data within your business, then how can you actively improve and grow? With more and more digital innovations entering the construction space, the amount...
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!!!”
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:...
Embracing technology is a GAME CHANGER in the Construction Industry
There are a number of new trends surfacing in the construction industry, the most impactful being an increase in use of technology through new apps, programs and tooling. Over the last few years we have assisted many of our clients utilise technology to help with: -...
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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