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David McMahon continued from page 7 plans, treat and dispose of contaminated waste and liaise with environmental consultants, ensured the project ran smoothly and met time and budgetary requirements.
platform for advancement in your industry and profession. For more information about becoming involved in technical committees, visit our website at www.standards.org.au. Rosemary Smithson continued from page 12
Mick Power continued from page 8
with projects and fundraising events rather than providing financial donations.
construction and development partners, has positioned the company as a major player in the national construction and property industry.
PIF believes investing in the next generation of property and construction individuals and seeking their involvement in such initiatives is vital to the industry’s future development.
Put simply, the secrets of profitability do not rely on revolution, but a businesses commitment to evolution. Robert Timmermans continued from page 9 factor in vacancy and letting up allowances as well as rental incentives that all contribute to the true return. Also any variances between passing rentals and market rentals, reflected in the reversionary yield, are disregarded. Given the inaccuracies that can result from quoting initial yields, all yields should be expressed as equivalent yields, painting a comprehensive and more accurate picture of the real rental return of the asset. The property professionals of our industry need to ensure that yields are reported consistently to provide transparency, hold up the integrity of the yield and present an accurate snapshot of the market.
Colin Blair continued from this page published when they meet a strict requirement of net benefit for stakeholders and the community. Our process is embedded with safeguards to ensure that when standards are developed through the committee process, it is done through consensus. Participation in standards development committees has the potential to provide a
Jane Devlin continued from page 13 that can’t we dress appropriately for the climate and not lessen our shopping experience? It seems the Danes and Moroccans have this most admirably managed. Stockland Highlands Shopping Centre is a worthy first step in realising this challenge.
Abigail Evans continued from page 14 The car free housing concept is the ultimate ‘stick’ in personal travel which has to be complimented with the ‘carrot’ alternative public or non motorised travel alternatives. But, could the stick be too sharp given the changing vehicle ‘green’ technology and personal freedom? Advice to developers is do not jump on the bandwagon without considering this! Megan Motto continued from page 15 Consult Australia looks forward to contributing to this debate of critical national importance with the release of Tomorrow’s Cities Today. Ensuring that the coordination of our cities remains a priority and the initiatives we need for the future are delivered will continue to be a strong focus for Consult Australia in the years ahead.
By Colin Blair CEO Standards Australia
THE BENEFIT OF BECOMING INVOLVED IN OUR STANDARDS DEVELOPMENT PROCESS Australian Standards underpin almost all aspects of the construction industry whether it is residential, commercial or industrial. Knowing and applying these standards are critical for industry operators committed to achieving best practice outcomes. Standards are relevant to numerous professions and trades. We maintain some 6,873 standards across sectors including building and construction, energy, transport, manufacturing, and engineering to name a few. There is significant scope for involvement in standards development through our 947 active committees and sub-committees, involving 9,000 plus committee members and 189 active working groups. Being a committee member provides an opportunity to shape the future of standardisation for your industry sector. Our committees comprise representatives from an impressive range of technical and professional backgrounds. We welcome the addition of new members to our committees. Peer-to-peer networking, exchange of knowledge and ideas, and the chance to gain technical insight from people at the top of their game are some of the benefits which come with committee participation. Australian Standards have the power to set new benchmarks for business, which means committee participation provides you with the opportunity to have a say over the future direction of your industry. Due to the high-level of recognition of standards, and compliance of them in the construction sector, they can potentially shape the market for industry participants. Our rigorous and impartial standards development process ensures that standards development committees are balanced and that standards are continues this page ANCR CONSTRUCTION NEWS
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