Posts by Mike Mortlock
Perth Property Market: Navigating the Boom with Insight and Data
Australia’s property market is witnessing a remarkable surge, and Perth, in particular, stands at the forefront of this growth. In this comprehensive exploration, we dive deep into the vibrant Perth property market, dissecting the trends, statistics, and historical factors that shape this burgeoning real estate landscape. Perth: A Tapestry of History and Growth Nestled on…
Read MoreConstruction Estimating Companies: How to Find the Right One for Your Project
Construction estimating is a crucial phase in project planning, determining the overall budget and feasibility of your construction endeavour. While some companies handle estimating in-house, many turn to specialized construction estimating companies for their expertise. This article guides you through the process of finding the right construction estimating company for your project, ensuring accurate estimates…
Read MoreMaximizing Tax Benefits: The Importance of a Depreciation Schedule and Inspection for Your Investment Property
I’ve just recently presented the new Tax Depreciation Guidelines to depreciation specialists across Australia on behalf of the Australian Institute of Quantity Surveyors. This new industry guide sets out the best practice for Quantity Surveyors and what clients should expect. There’s been a rise in companies suggesting that depreciation reports can be completed adequately without…
Read MoreA Tax Guide for Property Investors
Well, the end of the 2023 financial year has clocked over and we are now in the heartland of tax return preparations. Advisors across the country, their heads stuffed full of numbers, are attempting to minimise your burden and/or maximise your refund. I’ve met plenty of accountants and they’re a very special breed. Some genuinely…
Read MoreConstruction Project Cost Estimation: Best Practices and Tools for Construction Professionals
Accurate cost estimation is a critical aspect of construction project planning. Construction professionals rely on cost estimation to establish budgets, make informed decisions, and ensure project success. This article explores the best practices and tools for construction project cost estimation, highlighting their significance in effective project management. 1. Thorough Project Scope Definition Thoroughly defining…
Read MoreConstruction Cost Analysis: Best Practices and Tools for Project Managers
Construction projects are complex endeavours that require careful cost analysis to ensure success. Construction cost analysis involves evaluating and monitoring project expenses to control the budget, identify cost-saving opportunities, and make informed decisions. This article delves into the best practices and tools for construction cost analysis, highlighting their importance in effective project management. 1. Thorough…
Read MoreBuilding Construction Costs 101: How to Budget for Your New Building
Planning to construct a new building is an exciting endeavour, but it requires careful budgeting to ensure its success. Understanding building construction costs is crucial for effective budgeting and project planning. This article serves as a comprehensive guide to help you navigate the process of budgeting for your new building, providing valuable insights and tips…
Read MoreEstimating Construction Projects: Best Practices and Tools for Accurate Budgeting
Accurate budgeting is a critical component of successful construction projects. Estimating construction projects involve predicting costs, materials, labour, and timelines to create a comprehensive budget. This article explores the best practices and tools for estimating construction projects, highlighting the importance of accurate budgeting and its impact on project success. 1. Thorough Scope Definition To…
Read MoreFailed QLD Land Tax Law Deals Long-Term Damage to Fragile Rental Market
We recently conducted a study that shed light on the serious and lasting effects of the Queensland government’s failed attempts to alter Land Tax calculations. This research was shared across the national media. Through our research, we discovered that the mere announcement of the tax changes caused an exodus of investors from the rental market,…
Read MoreThe Importance of Accurate House Construction Estimates in Residential Construction
Accurate house construction estimates are fundamental to the success of any residential construction project. From budgeting to resource allocation, accurate estimates provide the foundation for effective project planning and execution. This article explores the significance of accurate house construction estimates in residential construction and highlights the benefits they offer to homeowners, contractors, and other stakeholders.…
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