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Real Estate and Construction in a post-COVID-19 world

Industry in the spotlight: Real Estate and Construction in a post-COVID-19 world

The Real Estate and Construction industries have certainly felt the impact of COVID-19 in a number of ways – from Landlords that have been mandated to provide relief to their business tenants and those businesses that have had their go-to-market model or customer base impacted by restrictions to the upsides provided through housing stimulus and infrastructure announcements.  

The Federal Budget’s recent stimulus announcements, with further expected from the state budgets - will continue to be key to the sectors’ recovery journey.

In this webinar our industry experts will explore the key changes and trends occurring in the market in adapting to the impacts of the pandemic and share their insights on the challenges and opportunities ahead. The discussion will touch on market fundamentals and forecasts and what industry participants need to be thinking about in the short-to-medium term (particularly in a post-JobKeeper and rent relief environment), and the longer-term impact of falling migration and foreign investment on the sector.

The webinar will be facilitated by Sian Sinclair (National Head of Real Estate & Construction at Grant Thornton Australia), with Ken Morrison (CEO of Property Council of Australia), Tony Crabb (Vice Chairman Advisory Board of Blackoak Capital) and Raynuha Sinnathamby (Managing Director of Springfield City Group) as our expert panellists.

Featured Speakers
Sian Sinclair - National Head of Real Estate & Construction, Grant Thornton Australia

Sian Sinclair

National Head of Real Estate & Construction, Grant Thornton Australia

Sian’s real estate and construction expertise draws on over twenty years’ experience in taxation, accounting and general business consulting. Advising clients from the start-up and growth phases of business through to those looking to realise their wealth via exit strategies, her input is focused and practical with real insight into the issues impacting businesses in the industry. 

Sian has led the National Real Estate and Construction group for Grant Thornton since 2010, in which time she spent 4 years in the role of Global Lead for Grant Thornton International.  She has extensive experience with businesses in the property development and construction industries and advises a number of key industry participants on tax matters. 

Ken Morrison - Chief Executive, Property Council of Australia

Ken Morrison

Chief Executive, Property Council of Australia

Ken Morrison is the Chief Executive of the Property Council of Australia, the national representative of the property industry, an industry that creates prosperity, jobs and strong communities. The property industry is the nation’s largest single industry, employing 1.4 million Australians, which is more than mining and manufacturing combined. Ken is passionate about the future of our cities and has played a significant role in shaping tax, planning and infrastructure policy for two decades. He sits on a range of government task forces and committees.  He is also a director of the Green Building Council of Australia, deputy chair of the Business Coalition for Tax Reform, a director of the Australian Sustainable Built Environment Council, and is a Property Champion of Change promoting women in leadership roles.

Tony Crabb - Vice Chairman Advisory Board, Blackoak Capital

Tony Crabb

Vice Chairman Advisory Board, Blackoak Capital

Tony is a member of the firm’s investment committee that reviews and evaluates all potential investments and divestments. Tony, as Vice-Chair of the firms Advisory Board, also provides the executive team with strategic input and advice on macro-economic trends impacting the industry.

Tony is an industry commentator on the property and investment markets. He is a National Director of Research with Cushman and Wakefield. He is an advisor to the Reserve Bank of Australia where he is part of their business liaison unit. Tony is also an advisor to the Federal Department of Treasury. He is Chair of the Advisory Board of the Property and Real Estate Faculty at Deakin University. Tony worked as a fund manager, stockbroker and equities analyst prior to his career in commercial real estate.

Tony has a Bachelor of Arts degree, a Diploma of Financial Services, is a member of the Faculty of Australian Writers, is a graduate of Rogen, and has qualifications in equities, futures, options and foreign exchange trading. He is the author of four books and is Executive Director of a start-up using big data in the residential property sector. Tony also gave a TED talk at TEDx Queenstown in April 2016 on Climate Change and Property.

Raynuha Sinnathamby - Managing Director, Springfield City Group

Raynuha Sinnathamby

Managing Director, Springfield City Group

A solicitor by trade, Raynuha holds Bachelor of Arts and Bachelor of Law degrees and also a Masters in Business Administration.

After practising in property law, Raynuha joined Springfield Land Corporation in 1998 as Director Corporate.

In February 2013, Raynuha was appointed Managing Director of the Springfield City Group.  Over the years, Raynuha has been closely involved in the building of the Greater Springfield City, now the fourth fastest growing statistical local area in the country.

Greater Springfield is an award winning project encompassing six suburbs and home to over 43,000 people.

In May 2010, Greater Springfield received the International Real Estate Federation Prix d’ Excellence Award for World’s Best Masterplanned Community.  Over the years, Greater Springfield has won numerous State and National awards. 

In November 2019, Greater Springfield received the UDIA Qld Awards for Excellence 2019 - Queensland’s Best Development of last 25 years (25th anniversary award).

As part of her contribution to the property industry, Raynuha served as Vice President (2012), President of the Queensland Division of the Property Council of Australia (2013, 2014) and on the Board of the National Board of the Property Council of Australia.  She currently serves on the Property Council Queensland Division Council and Management Council. 

Raynuha also serves on the Premier’s Business Advisory Council (2013- 2017), has served on the Queensland Government Multicultural Round Table (2012‑2014) and has recently been appointed onto the Leadership Council on Cultural Diversity.

In 2019 Raynuha was appointed to the Committee for Brisbane Advisory Board and the South East Queensland (SEQ) Expert Reference Group for the SEQ City Deal.

Looking back to look forward

The real estate & construction industry is a key engine of for our economy. The Federal Government brought forward a significant amount of funding to put more “boots and utes” on the ground. However, infrastructure is much more than just roads and bridges, and Australia needs to redesign it’s messaging around infrastructure funding. With net migration down for the foreseeable future, and more people moving to regional areas, do we need to rethink where our investments are made?

Read our 10 year report