CSR boss bullish despite construction squeeze

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Rising costs have put the construction sector under severe pressure, but CSR boss Julie Coates sees 18 months of strong demand.

has been one of the few air pockets in Australia’s white-hot economy over the past 12 months, with the combination of surging construction costs and the sector’s obsession with fixed-price contracts sending builders to the wall.came after a slew of failures across the industry, from volume home builder Pivotel Homes to commercial developer ProBuild.But Julie Coates, chief executive of $2.

“A lot of those customers are managing their way through that and in fact, in some states, we’re actually almost through Homebuilder.” Indeed, many of Coates’ previous roles have informed the change in strategy she’s driven at CSR since arriving in September 2019. “What I would say is right now we’re not the problem. There were some challenges for us that we worked our way through at the end of last year, but right now we’re able to supply to demand from our customers.”

 

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