** For TUD+ Professional Members this recording is free to access by visiting this link whilst being logged in to your account.
__________________
Recorded: 02 September 2021
The Australian construction sector is experiencing significant pressures from global and national events. From a massive slowdown in steel exports from China to the ongoing Covid-19 pandemic, to financial and market volatility—the property and construction sector is facing another challenging year.
As the industry prepares for what’s coming, The Urban Developer proudly presents a forecast for residential and commercial property in Australia.
Through three expert presentations, this webinar will include a national and state-by-state breakdown of the construction, legal and funding environment, looking ahead for the next 12 months.
______________________________________________________________________________________________________
AGENDA
Construction Forecast
The state of play
- overview of the current environment
Construction costs
- material and supply chain issues
- labour rates and availability
- contractor margins and competition
- cost and escalation forecasts
Risks and mitigation strategies
- contractor selection
- procurement strategies
- contractor and subcontractor performance
State-by-state focus
- Queensland
- New South Wales
- Victoria
- Western Australia
Presenter: Sarah Slattery—Managing Director, Slattery
Legal and Construction Law
The legal landscape
- overview of the current market - trends and oversight
- issues in a multi-speed market
- the ongoing impact of COVID-19
Contractual and delivery issues
- emerging challenges to delivery
- market responses and trends in risk allocation
- who is calling the shots?
Insolvency and counterpart risks
- what was expected vs what is actually happening
Disputes
- key causes
- emerging trends and approaches to resolution.
Presenter: Joseph Barbaro—Partner, Corrs Chambers Westgarth
Funding Forecast
Summary of current lending landscape
- traditional banks
- non-banks and private capital
Macro review of funding by location
- New South Wales
- Victoria
- Queensland
- Western Australia
Macro review of funding by sector
- residential
- commercial
- alternative assets
Current pricing and structures
- capital structures
- where is capital being sourced?
- what is attractive to investors?
Funding outlook for 2021 and beyond
Presenter: Jonathon Pullin—Partner, head of Property Finance, Barwon
The presentations will be followed by an interactive Q&A moderated by Adam Di Marco, founder and CEO of The Urban Developer.
______________________________________________________________________________________________________
Disclaimer
The Urban Developer cannot accept any liability or responsibility for loss occurring as a result of anyone acting or refraining from acting in reliance on any material contained in this presentation.