Matt Barrie Says Our Housing Market May Never Recover – Reference

#AusPol #ConsumerConfidence #Housing

Matt Barrie the CEO of Freelancer warns that the Australian Housing market may never recover and highlights the simplicity of the Australian Economy. Interested by this, I find out how the complexity of the Australian economy compares to the test of the world and it is embarrassing.

YouTube Version

References

Our Housing Market May Never Recover https://www.news.com.au/finance/economy/australian-economy/housing-market-may-never-recover-from-downturn-expert-warns/news-story/e65644df8cf03bb045055ef1dba5736b

Australia’s Economy is a House of Cards
https://www.linkedin.com/pulse/australias-economy-house-cards-matt-barrie/

Economic Complexity Rankings
https://atlas.media.mit.edu/en/rankings/country/eci/

Calls for a Building Industry Royal Commission – References

#RoyalCommission #Construction #Australia

I look at recent calls by the Builders Collective for a Royal Commission into our Building Industry and learn about the powers of a Royal Commission.

Read More:
Why Buildings Stand Up
https://amzn.to/2stNb5O

Why Buildings Fall Down Why Structures Fail
https://amzn.to/2RqpREZ

https://youtu.be/YtFpavLAS5c

References

‘Appalling failures’: call for building industry royal commission

https://www.insurancenews.com.au/daily/appalling-failures-call-for-building-industry-royal-commission

Should Australia Adopt Hammurabi’s Building Code? – References

#Hammurabi #BuildingCode #Babylon

I look at the aspects of Hammurabi’s Code of Laws that relate to construction and ask the question, “Should Australia adopt these codes?”

https://youtu.be/gDsLGyejx8k

References

Hammurabi, King of Babylon
http://www.thenagain.info/WebChron/MiddleEast/Hammurabi.html

007. Babil (ancient: Babylon)
https://www.cemml.colostate.edu/cultural/09476/iraq05-007.html

The Oldest Code of Laws in the World by King of Babylonia Hammurabi
https://www.gutenberg.org/files/17150/17150-h/17150-h.htm

The Lacrosse Tower Outcome – References

#Lacrosse #Cladding #Fire

We look at an article about the recent ruling concerning the Lacrosse Tower Cladding Fire court case in which owners were awarded over $5.7 Million Dollars. I then read through portions of the judgement to understand why the Architect, Building Surveyor and Fire Engineer had to pay damages to the Builder under and Design and Construction Contract. Shockingly I agree with the Judge!

References

Lacrosse apartment owners awarded $5.7 million in damages after flammable cladding blaze

https://www.abc.net.au/news/2019-02-28/lacrosse-apartment-owners-win-5.7-million-cladding-fire-damages/10857060

The Housing Crash is Coming – References

#AusPol #Construction #Housing

I look at a recent article exploring the claims by Economist Lindsay David that we are already in the second stage of a housing crash. What are you doing to prepare?

https://youtu.be/8DgWbS2Ti9E

References

‘Let the bloodbath begin’: House prices in Sydney and Melbourne ‘could halve’ in worst crash since 1890s
https://www.news.com.au/finance/economy/australian-economy/let-the-bloodbath-begin-house-prices-in-sydney-and-melbourne-could-halve-in-worst-crash-since-1890s/news-story/5918ea13042d5f819cb13c77629f060a

David Murray warns of 1890s housing crash depression
https://www.macrobusiness.com.au/2017/04/david-murray-warns-of-1890s-housing-crash-depression/

Lessons from Opal – The Shergold Weir Report – References

Part One – Executive Summary

Part one in my series reading through the 2018 Building Confidence Shergold Weir report about improving the effectiveness of compliance and enforcement systems for the building and construction industry across Australia. In part one we read the Forward and Executive Summary.


Part Two – Background and Introduction

Part two in my series reading through the 2018 Building Confidence Shergold Weir report about improving the effectiveness of compliance and enforcement systems for the building and construction industry across Australia. In part two we read the Background and Introduction to the report.

Part Three – Building Surveyors

Part three in my series reading through the 2018 Building Confidence Shergold Weir report about improving the effectiveness of compliance and enforcement systems for the building and construction industry across Australia. In part three we read about the role of Private Building Surveyors.

Part Four – The Role of Builders

Part Four in my series reading through the 2018 Building Confidence Shergold Weir report about improving the effectiveness of compliance and enforcement systems for the building and construction industry across Australia. In part four we read about the role of builders.

Part Five – Recommendations 1 to 7

Part Five in my series reading through the 2018 Building Confidence Shergold Weir report about improving the effectiveness of compliance and enforcement systems for the building and construction industry across Australia. In part Five we read recommendations one to seven.

Part Six – Recommendations 8 to 12

Part Six in my series reading through the 2018 Building Confidence Shergold Weir report about improving the effectiveness of compliance and enforcement systems for the building and construction industry across Australia. In part Six we read recommendations Eight to Twelve.

Part Seven – Recommendations 13 to 24

Part Seven in my series reading through the 2018 Building Confidence Shergold Weir report about improving the effectiveness of compliance and enforcement systems for the building and construction industry across Australia. In part Seven we read recommendations Thirteen to Twenty Four.

References

Building Confidence – Improving the effectiveness of compliance and enforcement systems for the building and construction industry across Australia’,

https://archive.industry.gov.au/industry/IndustrySectors/buildingandconstruction/Pages/BMF-Expert-Assessment.aspx

Our Shrinking Construction Industry – References

#AusPol #Construction #SmallBusiness

I discuss a recent article from the ABC about the decline in employment in the construction industry and reduced wage growth. From reading the article it appears that some of the analysts have never experienced the challenges of running a small business.

https://youtu.be/QE5MKdMgF7I

References

Businesses undermine the Reserve Bank’s hope of wage rises for workers

https://mobile.abc.net.au/news/2019-02-08/businesses-tell-workers-wanting-a-pay-rise-they-are-dreaming/10792724?pfmredir=sm&sf207431576=1&smid=Page:%20ABC%20News-Facebook_Organic&WT.tsrc=Facebook_Organic

Opal Tower Will Shake Up the NSW Construction Industry – References

#OpalTower #Icon #Failure
We look at an article about proposed changes to the NSW Construction Industry recommended by the Shergold Weir Report and the Opal Tower Failure, which includes the registration of builders and engineers.

I also look at the process of searching for a builder’s license and Engineer’s registration in Queensland as an example of how the public could access the information.

https://youtu.be/gIxCYlsclfo

References

NSW to ‘shake up’ high-rise laws after Opal Tower saga

https://www.sbs.com.au/news/nsw-to-shake-up-high-rise-laws-after-opal-tower-saga