Beyond the numbers with Grant Thornton: Listen now
A global surge in demand for real estate (driven by cheap borrowing costs and unprecedented government economic stimulus) has been accompanied by the highest levels of material and labour cost inflation experienced in the building and construction industry for many decades.
While this shift in industry sentiment appears on face value to be a great thing, the speed and extent of its change presents a significant risk to many builders over the coming year as they grapple with double (and sometime triple) digit cost escalation, and extensive delays on projects. How big is the issue and how can businesses mitigate damage on existing commitments and future projects?
Watch this webinar on-demand as we host a panel discussion on the ways businesses are responding to supply chain challenges and when supply/demand may return to normal – if at all.
Gary Thompson is the Director of Afirmacon, a boutique construction consultancy firm providing accurate cost and valuation advice, and project management for the property development and construction industries.
Throughout his 35 year career, Gary has gained expertise in residential, commercial, industrial and civil projects. He specialises in construction cost management and risk mitigation, and on numerous occasions has acted in the role of Project Manager and Superintendent.
As an experienced Quantity Surveyor, Gary is often called upon to provide expert opinion in dispute matters across the construction and resource sectors.
Recently, Gary was part of the team which provided a replacement cost report for some of the Queensland Government’s larger community assets, including the Gold Coast and Cairns Convention Centres, Roma Street Parkland, and the Goodwill Bridge in Brisbane.
With more than 35 years of experience in Customs and International Logistics, John has a proud track record of achievements as an industry leader particularly in Supply Chain and Bio security initiatives. John is always looking for ways to improve our freight forwarding and digital logistics services with increase in productivity and efficiency.
Paul is Deputy CEO at Master Builders where he leads teams that support close to 9,000 members in the building and construction industry, lobbying all levels of government to influence industry outcome and regulatory reform.
Paul joined Master Builders in 2009 and has held numerous positions including Director of Housing prior to his appointment as Deputy CEO in 2013. Paul has qualifications and extensive experience in town planning, valuation and business administration, and is a trusted and sought-after expert in these areas.
Paul has been practising in construction and infrastructure law since arriving in Brisbane in 2007. For the past seven years he has been the regional legal counsel for Queensland at Multiplex and has worked on landmark projects such as 1 William Street and Queens Wharf in that time. He has been recognised in Doyles Guide as a leading Australian inhouse construction and infrastructure lawyer, and has been on the front line dealing with the ongoing challenges of Covid-19 and supply chain issues in the construction industry over the past two years.
Cameron has in excess of 19 years experience within the Financial Advisory division both in Australia and the United Kingdom. Throughout his time Cameron has developed a thorough understanding of business operations and practical knowledge of commercial law.
In the Recovery and Reorganisation team, Cameron is experienced in managing businesses across a broad range of industries. He focuses on achieving commercial outcomes tailored to the specific needs of the client (including financiers, private companies, government and investors).
Cameron’s core expertise areas include stakeholder management, supply chain reviews, financial viability reviews, working capital management, profit improvement advice, pre-lending reviews, debt advisory, restructuring and commercial consulting.
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