Dec 27, 2016

New Year predictions from an experienced NQ contractor

New Year predictions from an experienced NQ contractor

“To be in business, a positive and upbeat disposition is required; you get knocked down, you have to bounce back. Sadly for small and medium civil contracting businesses it is becoming more and more difficult to be profitable and to consequently survive. It is disheartening and frustrating, but current government policies and lack of support will force smaller companies into packing up and walking away. It does appear that local government advocates strongly in support for local contractors, as it should – local businesses employ local people, local businesses invest in the region. State and Federal governments on the other hand by their actions, or lack of, and current tender methods, are clearly advocating for the demise of small and medium business. Rules and regulations are abhorrent and are dictated by outside influences, they are not conducive to productivity or profitability and in a lot of cases are simply not necessary. However, while I am sceptical that any local contractors will benefit from the (North Queensland) Stadium construction: provided we are given fair representation and equal opportunity, I see huge opportunity for Townsville civil contractors over the next couple of years, with the desperate need to expand water infrastructure, the Singapore Defence spend and the emergence of the Elliot Springs development, plus ongoing maintenance to current infrastructure assets.” – Richard McDonald  – RMS Engineering and Construction

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