In this edition
The Carbon Pricing Mechanism will feature in the Australian economy from 1 July 2012 and it is estimated to increase overall building costs by around 0.5% once industry assistance is phased out. Organisations need to assess their liability under the CPM and for the resulting cost increases under their construction contracts.
The Competition and Consumer Act 2010 (Cth) introduces the Australian Consumer Law (ACL), a national uniform law relating to fair trading and consumer protection. We look at the key protections offered by the legislation and how it applies to the construction industry.
Unprecedented growth in the energy and resources sector has led to an increase in development, and brought about substantial transformation in project delivery in the Australian construction industry. We look at the range of project delivery models utilised in the resources industry and consider how to strike the right balance.