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HVAC&R News ·

Nearly $100 million allocated for collaborative R&D

The Australian Research Council has allocated nearly $100 million in its latest funding round to support collaborative research and development projects between universities and industry partners addressing national challenges.

Nearly $100 million allocated for collaborative R&D in the Australian Research Council's latest funding round

How will the $100 million ARC research funding affect the trades industry?

Limited direct impact on trades. May eventually influence building standards, safety equipment, or new construction methods if R&D projects target the built environment or construction technology.

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Related

Master Builders AU News ·

New funding opened for Class 1 housing projects

Housing Australia has opened a new funding stream aimed at speeding up delivery of social and affordable Class 1 housing projects. Details on funding amounts and eligibility criteria were not specified in the article.

Why it matters: Builders and related trades such as plumbers and electricians may see increased project pipelines if social housing developments ramp up under the new funding.

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Sourceable ·

Former chief justice chosen to lead Victoria's corruption Royal Commission

A former South Australian chief justice has been appointed to lead Victoria's Royal Commission into the Big Build infrastructure program, valued at over $100 billion.

Why it matters: Builders and tradespeople working on Victorian government infrastructure projects may face scrutiny of contracts, procurement, and workplace practices.

buildingVICregulatorybusiness
Sourceable ·

Who Decides If the Builder Gets Paid?

Australia's residential construction payment system creates collective dysfunction despite each participant acting rationally. Independent lender inspections and fragmented decisions compress cash flow and raise insolvency risk.

Why it matters: Builders and subcontractors face cash flow gaps and insolvency risk due to misaligned payment systems. Day-to-day: invoices stall, businesses struggle to meet payroll and supplier costs.

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