The Australian Construction Industry Forum (ACIF) has released its paper Construction’s Bridge to Recovery (download here) on how Australia’s construction industry can successfully move forward from the coronavirus disruption. The document was created from feedback from ACIF’s member associations of which the AIB is a member and was collated from 16 organisations. ACIF will now be advocating for the recommendations to be adopted by governments around the country.
There is much discussion in the media regarding possible construction stimulus measures at the moment. ACIF recommends that stimulus spending be spread across residential (with an emphasis on quality social housing), non-residential and infrastructure construction, with much of the spending to go to small and medium-sized enterprises, and a focus on Australian-made products in construction.
ACIF’s modelling by FTI Consulting shows that the measures recommended could raise building and construction activity by $66 billion over the next five years. This would be a significant strengthening of the bridge to recovery that the Governor of the Reserve Bank of Australia has called for.
Finally this week and as I am sure many of you are aware by now, two prominent industry professionals were recognised on 8 June in the Queen’s Birthday 2020 Honours List.
- Geoff Penley from South Australia was awarded a Medal (OAM) in the General Division
- Chris Bulmer from New South wales was awarded a Medal (OAM) in the General Division
Both gentleman were awarded Medals ‘for service to the building and construction industry’ We should make mention that both Geoff and Chris have over the years made significant, personal contributions to the work of the AIB through many forums including Chapter and Committee work. The Institute relies heavily on the work of our volunteers and particularly those with significant experience and industry knowledge/thinking. They receive the awards with our sincere congratulations. Well done!
Have a great weekend ahead everyone..