With the introduction of the HomeBuilder Grant by the Federal Government, the housing and civil construction industry is experiencing an unprecedented spike in demand. An initial shortfall of trades and construction timeframes result in numerous industry groups lobbying State and Federal Government to extend the six-month scheme to at least nine months, allowing more time for scope of works and contracts to be signed and securing the maximum $25,000 grant. The Federal Government responded to this and has extended the deadline for applications to be submitted, now up to 14 April 2021, and introduced a $15,000 grant for building contracts signed between 1 January 2021 and 31 March 2021. This is a much welcomed amendment and will see the economic stimulus induced by this grant continue to grow.
With a strong history supporting residential developments, Fyfe welcomes the increased demand and enquiries in new builds, driven by this grant. Our civil team, in particular, is busier than it has ever been, welcoming the increased workload from our clients. It appears the grant’s intent to encourage work that may have otherwise been put off due to an uncertain economic climate is working, much to the relief of the thousands of workers employed by the residential construction industry. The scheme is not without its challenges, however, the positive impact it has created is undeniable. More information about the scheme and recent changes can be found here: treasury.gov.au/coronavirus/homebuilder
Meanwhile, the current and future direction of energy remains a topical point on Australia’s agenda. Existing and new resources coupled with emerging technologies will see plenty of opportunities for Australia to remain self-sufficient, whilst achieving leadership status in some fields. For an hour on October 11, 2020, South Australia became the largest jurisdiction in the world to source 100% of its electricity from solar power – an incredible feat. Fyfe has been keeping an eager eye on the renewable space and the opportunities it provides, working on various solar and wind farms. Exciting technology is also being implemented for carbon capture and storage. You can read about a project we’ve recently been involved in by clicking the Moomba CCS Project case study below.
Fyfe would also like to celebrate recently achieving over 600 days with no lost-time-injury! Given the amount of time Fyfe staff work onsite and in FIFO roles, we are extremely proud of our team for constantly ensuring safety is a priority.
2020 has also seen 12 of our staff celebrate significant milestones, ranging from 10 to 35 years! A full list can be viewed here of all 2020 Staff Milestones.
Last but certainly not least, congratulations are in order for our General Manager – Queensland, Clayton Warner, who was recognised and awarded Fellow Status by Young Pipeliners International for his ongoing contribution to young professionals. A news story is available here with further details.
The coming years for Fyfe are certain to be very exciting as we grow and diversify the business, pursuing the ambitious goals we’ve set in our 2020 -2025 Strategic Plan.
As Christmas nears, we wish all staff, clients and industry colleagues a safe and festive break.