The 6th International Arbitration Day in Melbourne last Wednesday, 17 October 2018, was tremendously interesting, and the speakers were very good indeed. Stand out presentations were China's Belt and Road project, and its regional impact, jurisdictional challenges and increasing efficiency in arbitration.
Musings of a busy mind
Derek Firth has gone to print in the NZHerald on the current problems with the construction industry. It's a great article, which pulls no punches.
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12134503
The challenge is to get owners, not least developers and the Government, to sit up and take notice.
This morning's Herald​ has an article by me highlighting the causes of the crisis in the construction industry.
While opinions on the cures of what ails the industry proliferate in the media, few properly address the causes. This is understandable, as each industry player has its own perspective, but few address the cause. To date, Government intervention has focussed on the symptoms, rather than reflecting an understanding of the industry itself, and how we have a booming construction sector, with contractors going bust.