Business View Oceania - June 2024

apartment construction and promote the Build to Rent model, which has seen significant success in the United States.“We need more accommodation for the stock, particularly apartments, and the absorption of the migrants,” Dart explains. The AIB aims to create sustainable living environments for Australia’s growing population by prioritizing infrastructure and housing projects. Innovation and technology are also high on the AIB’s agenda. The institute is pushing to adopt advanced construction software and Building Information Management (BIM) systems. “The construction industry and the universities would agree that it’s backward in its embracement of technology, new processes, new systems, prefabrication,” Dart observes. The AIB’s focus on building excellence extends to promoting the latest technological advancements and improving construction practices 16 BUSINESS VIEW OCEANIA VOLUME 06, ISSUE 06