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A Detailed look into the Construction Industry in Australia

Noted as one of the biggest economic drivers in the whole of Australia, the construction industry plays an essential part in the country’s successful economy. All in all, it includes both residential buildings and non-residential buildings as well as engineering construction. The construction industry also includes the construction trades of bricklaying, electrical services (in and out of a structure), and any plumbing needed in each building. But that’s not all. Let’s take a closer look at the entirety of the Australian construction industry.

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An overview of the construction industry

All in all, you’ll find that the construction industry within Australia’s country is tied mostly to the domestic market and comprises around 200,000 businesses. This amount represents about 20% of the total number of companies that are currently within Australia. Recently the market has begun to stabilize, which has helped both the domestic and global economy. In fact, you’ll find that engineering construction has grown quite a bit over the last few years, with last year showing sufficient change. You’ll also want to note that the demand for both commercial and residential properties has increased, which in turn helps build and strengthen the local commercial building activity in the area.

The different parts of construction law

Outside of the history and recent upturn of the local construction industry, it is also imperative to understand when it comes to the different parts of construction law. Though a construction law lawyer and/or a contracts and claims manager like Lisa Dudzik can and will help you better understand the specific details, it’s easy to learn the law’s general aspects first.

When first looking at construction law, you’ll find it very helpful first to understand what the term even means. With that said, the outlining idea of construction law covers the planning and development applications that are with the council, the tenders and negotiations involved with each project, and the joint venture agreements. You’ll also want to note the inclusion of debt recovery, dispute resolution and litigation, and contract drafting, as well as advice. These all are pretty straightforward, as they can be changed and affected by a combination of state, local, and federal laws. Again this is another reason why hiring professional help should be one of the first things done before starting a new building project.

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In addition to everything stated above, you’ll also want to take note of the National Construction Code. This code, also known as the NCC, is a code that is issued directly from the Australian Building Codes Board and one that outlines the bare minimum requirements of both the construction and design of any new buildings. You’ll find that it outlines a very intense and strong emphasis on the safety and health and the sustainable design of new buildings.

Australia’s construction industry has been growing quite well within the last few years, making it a growing choice for those looking to enter into a new profession. Of course, before entering into it, it is always a wise idea to have a little bit of background information first.

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I work for WideInfo and I love writing on my blog every day with huge new information to help my readers. Fashion is my hobby and eating food is my life. Social Media is my blood to connect my family and friends.
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