The Australian Constructors Association (ACA) has today launched its vision for the future of the construction industry, with its 2023-30 Strategic Plan.
ACA President Annabel Crookes said the ACA’s strategic priorities focus on improving industry productivity and are grounded in a commitment to improving environmental sustainability.
“The three crucial elements necessary for an enduring and sustainable construction industry are a good culture, equitable commercial frameworks, and sufficient capability and capacity. Consider them as the three legs of a stool – if one of these legs is missing, the entire structure becomes unstable,” said Ms Crookes.
“To increase productivity and better manage environmental impacts, we need to work on improving all three of these areas.”
ACA CEO Jon Davies said the association will continue to drive clarity and focus on what is needed to progress in these areas.
“It is clear that to achieve the improvements that are so desperately needed, the industry must first become more financially sustainable, with businesses able to make a fair return for delivering high-quality performance,” said Mr Davies.
“How can industry invest in research and development when it is not making a reliable and reasonable return on the capital it invests in projects?
“If we get this right, we will close the productivity gap between construction and other major industries. Construction insolvency rates will finally reflect business participation rates and we can address the challenges currently faced by ongoing skills shortages. We can also ensure the industry’s contribution to the national net zero ambition will be fulfilled.”
Download the ACA Strategic Plan 2023-2030