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Fullerton Hotel | 13 June 2024

REGISTER

NSW RESIDENTIAL CONSTRUCTION INDUSTRY IN CRISIS

Fullerton Hotel | 13 June 2024

If you are in the construction, planning, engineering, and finance servicing the NSW residential construction industry, join other industry leaders to gain practical insights to future-proof your business to ensure your survival.

Where: Heritage Ballroom, Fullerton Hotel, No1 Martin Place, Sydney, New South Wales 2000
When: 1pm – 6pm Thursday 13 June 2024
Cost: $400 plus GST (in person); $300 plus GST (online)

The 2022 NSW Population Projections estimate the need to house 85,000 people yearly for the next 20 years. NSW needs 75,000 new homes constructed to meet that demand.

Since 2022, NSW has seen the largest of its residential contractors and developers become insolvent. Consequently, in 2023, a mere 44,456 new dwellings were approved for construction. Housing has now recorded their worst performance in the last decade.

Seminars and discussion groups will provide guidance on:

  • minimising planning approval delays
  • understanding the state of the supply chain, labour, interest rates and the Australian economy
  • alternatives to fixed price contracts
  • identifying distressed companies
  • the effect of residential contractors’ licencing
  • personal liability for directors and project managers
  • substituting insolvent contractors in a development and
  • recovering monies in an insolvency

Reasons to attend

Top 5 reasons to attend:

  1. Construction and engineering firms are experiencing unprecedented levels of financial distress and insolvencies.
  2. You need the tools to deal with these challenging trading conditions and how to maximise recoveries so far as possible
  3. How do insolvencies impact upon incomplete or defective building works and what options are available to interested stakeholders.
  4. Learn the tips and traps from real life case studies including from those involved in some of the most significant appointments made in the construction and engineering industries over the last 18 months.
  5. Learn about how companies survive insolvency events and discuss what is the future of the construction and engineering industries.

Speakers

David Chandler OAM

NSW Building Commissioner
NSW Department of Customer Service

Harry Triguboff

Managing Director
Meriton Group

Richard Crookes

Executive Chairman
Richard Crookes Constructions

Eamon Waterford

CEO
Committee for Sydney

Morgan Kelly

Restructuring Partner
EY

Dr Brendan Rynne

Partner, Chief Economist
KPMG

Tom Bodor

Director, Equities Research Analyst (Real Estate)
UBS

Campbell Hanan

CEO
Mirvac

Brett Vincent

Founder & Partner - Construction
Vincent Young

Richard Stone

Partner
RSM

Greg Incoll

Non-Executive Director
Vincent Young

David Greenberg

Partner - Commercial
Vincent Young

Agenda

TIME
SESSION
PRESENTER
12.30pm
Registration open
1:00 pm
Opening remarks

Brett Vincent, Founder & Partner – Construction, Vincent Young

1:15pm
Panel | The current state of the construction industry. Risks & opportunities.

Brett Vincent, Founder & Partner Construction, Vincent Young
Greg Incoll, Non-Executive Director, Vincent Young
Petar Vladeta, Senior Legal Consultant, Vincent Young

2:15pm
Insolvencies in construction - the fundamentals

David Greenberg, Partner – Commercial, Vincent Young

3:00pm
Coffee break
3:30pm
Panel | Live case studies

Richard Stone, Partner, RSM Partners
Jason Tracy, Partner, NSW Turnaround & Restructuring Leader Special Situations, Deloitte
David Greenberg, Partner – Commercial, Vincent Young

4:30pm
Session
5:00pm
Property development in challenging times

Mike Ellis, Partner – Property, Vincent Young
Thomas Zilm, Partner – Property, Vincent Young

5:45
Closing remarks

Brett Vincent, Founder & Partner Construction, Vincent Young

6:00pm
Seminar close
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For further information please contact our team at reception@vincentyoung.com.au

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