The Build Up.

The Build Up.

Navigating the Melbourne Market: A Patchwork of Challenges and Opportunities

As we move out of deep winter (seemingly, at the time of writing) and towards the summer months, many of us are beginning to look towards the second quarter of the financial year – some with enthusiasm, some with trepidation. In my recent conversations with business leaders across Melbourne, it's clear that the market is in a patchy state. Some businesses are holding their ground, while others are feeling the pinch. Certain sectors seem to be navigating the challenges better, but there's no denying that we are continuing to see redundancies across some markets and some employers. At the same time, there are still vacancies in the market, but the pace of hiring has noticeably slowed.

High-performing candidates are becoming increasingly difficult to attract, as they remain comfortable in their current roles – waiting for the ‘storm to pass’ before risking a move. The market isn't as robust as it once was, but it's not in freefall either. As we inch steadily closer to Finals weekend, there's a growing sense that we might have hit the bottom of the downturn. Employers are cautiously optimistic that as we enter the new year, we could see a swell in activity, particularly if interest rate cuts come into play (fingers crossed). For now, it's a time to stay informed, stay connected, and prepare for the opportunities that lie ahead.

Martin


On the Blog

The Law of Attraction (in Recruitment): Are You Attractive "Top Talent"? Is your business attractive to Top Talent?

How Attractive Are You?

Attractiveness in recruitment is far more than skin deep. When I talk about being attractive in the recruitment process, I’m not referring to physical appearances or superficial traits. Instead, I’m talking about the broader concept of attractiveness in the recruitment world, which involves a three-way street: candidates, employers, and recruitment companies. Each of these players has a role to play in making themselves appealing to others in the recruitment ecosystem. For candidates, it’s about being the kind of person employers want to hire. For employers, it’s about being the kind of company top talent wants to join. And for recruitment companies, it’s about being the kind of firm that can attract and match the best candidates with the best employers.

Read the article


Industry News

Here are the top 5 stories that caught our attention this month

1.? $900 Million Hospital on the Way for Melton!

2.? Australia's First $285M Mass-Timber Warehouse is Rising in Moorabbin!

3.? $332M Twin-Tower Project Approved for Melbourne's Flinders Lane!

4.? $150M Build-to-Rent Project Set for Coburg!

5.? $715M Timber-Roofed Stadium Coming to Hobart – See the Stunning Designs!?


On the Podcast


Mathew Aitchison on tackling Australia’s housing crisis through Modular Construction

Join Mathew and me as we delve into how modular construction, industrialised building, and MMC offer innovative solutions to Australia’s housing challenges.

Listen now


Ronan Walsh and Alan Findlater on shaping construction through client-side project management

The directors of Newbridge discuss how client-side project management is redefining the future of construction, focusing on industry challenges, collaboration, and the role of effective project leadership.

Listen now


What’s on in Melbourne this month?

Prepare to supercharge your construction career with insights from an expert panel discussing the game-changing effects of emerging technologies!

Wed, 4 Sep 2024 12:00 PM - 1:00 PM AEST

Melbourne Connect - The Studio

Melbourne Connect Level Ground Carlton, VIC 3053


Building 4.0 CRC’s Annual Conference will focus on accelerating innovation into action and showcase the best and brightest international and national thought leaders. This year, the event will focus on making it happen and accelerating innovation into action

Tue, 3rd Sept

Monash College City Campus

Docklands, Melbourne


Jobs Spotlight

Senior Contract Administrator

Tier 2 Commercial Builder

Full-time, Melbourne

$160,000 - $200,000


Estimator | $140k - $180k + super

Top Tier 2 Head Contractor (Buildings)

Full-time, Melbourne

$160,000 - $190,000


Project Manager

Top Tier 3 Builder

Full-time, Melbourne

$160,000 - $210,000


Site Manager

Multi-Disciplinary builder

Full-time, Melbourne

$170,000 - $200,000


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Get in Touch!

Don't forget - if you're a professional in Melbourne or SE Queensland's commercial construction markets - working for a head contractor, developer, or consulting PM or QS firm, reach out to me if you are on the hunt for your next career challenge - just send me an email: [email protected] or send me a LinkedIn message!


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