prefabAUS Digital Webinar Event Recordings Available for Members

Recordings of our digital events are now available online! All prefabAUS members will have the ability to access webinar recordings. To access these recordings simply visit the Member Portal, login and select Store under the Webinars drop-down list (in the navigation bar). Payment is due at time of purchase via credit card. The recording will become available under the 'Webinars' drop-down list of your Member Portal.

Multibillionaire Elon Musk lives in a tiny home that costs less than a Tesla

Elon Musk may be one of the richest people on the planet but he seems to live as a tenant in the humble quarters of a tiny home worth $US50,000 – less than some Tesla models. The multibillionaire – who is worth about $US163 billion according to Forbes – revealed he actually lives in the foldable, pre-fab home after selling off most of his real estate assets, according to media reports. Read more.

Double trouble: the rise and rise of digital twins

Digital twin technology, real world clones that are utilised to monitor the status of its physical counterpart and predict its evolution, is beginning to rear its head in the built environment sector. Unlike a 3D model, digital twins are linked to a live stream of data, allowing the twin to evolve like its real world twin would. It gives creators the ability to test future performance and its possible risks, as well as creating opportunities to improve efficiency, mitigate environmental impact and reduce costs. A study conducted by Markets and Markets suggests the digital twin market, valued at $3.1 billion in 2020, will rise to approximately $48.2 billion by 2026. Read more.

Ryan Stokes faces $2b test at Boral

Seven’s $8.5b takeover of the building materials group is due to wrap up on Thursday. Don’t be surprised if there are big moves on the board by the weekend. There are two intriguing questions hanging over building and construction materials group Boral as Seven Group Holdings this week completes an $8.5 billion takeover bid that is likely to snare control of 45 per cent of the target company. Will Ryan Stokes show the Boral board the tough and uncompromising side of his personality that he inherited from his dad, Kerry? Read more.

More pain for home owners, builders as timber prices climb higher

Houses will cost more to build and construction is set to take longer, industry and financial experts have again warned, as the price of timber in Australia continues to rise. Builders and timber processors warn rising wood prices have not ended despite a cooling international market, with costs unlikely to settle until at least September. Read more.

Construction sector set to lose billions in ‘catastrophic’ shutdown

Major developers and peak building industry bodies have slammed the NSW government’s decision to put the brakes on construction work, labelling it an over-reach that will cost the economy billions of dollars and lead to substantial job losses. Premier Gladys Berejiklian announced on Saturday that construction would be paused for two weeks, in a move to stop the spread of the COVID-19 virus. Read more.