Stability key to success
July 23, 2015.
According to the Rider Levett Bucknall (RLB) 2nd quarter 2015 Oceania Report, the strength of the overall construction market is reflected in stable Tender Price Index uplifts.
Even with the fluctuations in volumes of work being undertaken within the many sectors throughout the building and construction industry, stable pricing is being seen in most markets.
Most key cities are seeing construction prices reflecting CPI type increases, due to a rationalisation of head contractors, strength of the residential market (which is very price sensitive), and a movement of workers and sub-contractors from mining work to residential and commercial projects.
Download RLB’s 2nd quarter 2015 Oceania Report.
With a network that covers the globe and a heritage spanning over two centuries, Rider Levett Bucknall is a leading independent organisation in cost management and quantity surveying, project management and advisory services.
Our achievements are renowned: from the early days of pioneering quantity surveying, to landmark projects such as the Sydney Opera House, HSBC Headquarters Building in Hong Kong, the 2012 London Olympic Games and CityCenter in Las Vegas.
We continue this successful legacy with our dedication to the value, quality and sustainability of the built environment. Our innovative thinking, global reach, and flawless execution push the boundaries. Taking ambitious projects from an idea to reality.