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. As a result, we have seen a shift with many of our clients gearing up for government tender work (ISO certifications, internal processes, HR etc).
From a construction accountants perspective, the key lesson learned here is to keep an eye on the changes within the construction industry, and make the necessary adjustments within our businesses to successfully take advantage them.
Sources: https://lnkd.in/gZrygFG
Construction Industry’s Growth in 2021
