#BeSummitAU - What's Next in Construction?

Australia's racing to transform our design practices and supply chains to reduce Embodied Carbon, we’re trying to secure and support talent, all whilst capitalising on the growing tech field.?

There's a lot happening in this space, and the Built Environment Summit 2022 rounded up the very best in the biz to discuss the hot topics.??

Let me provide you with a few key takeaways:?

??? Skills and Materials Shortages and their affect on the Financial Viability of Australian Construction Companies

? A halt to immigration due to COVID has resulted in labour shortages in the construction industry - we need to attract and retain diversity within local skills in order to build the construction industry as an “Employer of Choice”.?

? We have seen some major companies going into administration - pandemics, skill and material shortages, weather conditions, lack of immigrant workers... it's been the perfect storm. Businesses need to be strategic and well prepared. The financial collapse of one company will always be felt by the wider community.?

???? Building a People-First Construction Industry

? The Government can champion change through adopting a Culture Standard as part of their procurement requirements.?

? Human Approach from the inside out - more women in construction; more support for workers mental health; non gendered facilities on site; 5 day work weeks; policy overhaul to include inclusive language.?

?? Integrating the Circular Economy into the Built Environment ?

? "Waste from one sector is often food for another sector"?

? The BE consumes 40% of global raw materials, yet wastes 10-15% of their business supplies - in what ways can your business be more sustainable? *Research the 5 Business Models of Circularity.?

?? The Race to Reduce Embodied Carbon

? Embodied carbon is a significant percentage of global emissions and requires urgent action to address it - Buildings accounted for 36% of global energy demand and 37% of energy-related CO2 emissions in 2020.

? EPD's are changing in the digital space and will need to be converted from static PDF files into versatile digital datasets.?

?? Developing a Strategic Blueprint to Enable Digital

? The “Digital Twin” is changing the industry’s service offerings - digital transformation will provide us with economic recovery, smarter and faster services, and more resilient communities.?

? Understanding our business’ current capability in this digital space will allow for a staged and calm approach to adaptation.

?? What’s next for Technology in Construction??

? Digital Twin Economy - #smartcontracts are changing procurement; #machinelearning and #AI will enhance productivity; there will be the requirement for enhanced traceability and a digital footprint.?

? Emergence of software such as BIM, Blockchain, AI and the rapid development of IoT - how can we plan for the implementation of these new technologies and ensure our people are upskilled??

?? Post-COVID CBD's and the Future of Work

? Flexible working arrangements will continue to impact CBD commercial, retail and infrastructure - people are moving to regional areas, while others who may never have considered city living, moving closer to the convenience - how can we appropriately plan and develop both our business and community for this trend??

? Adequate housing for all buyer profiles - renting or buying, $100,000 or $1m, high-rise or small acreage; there needs to be availability of all dwellings in order to accommodate and reduce the current housing demand we're faced with.?