FBR 4.76% 4.0¢ fbr ltd

Competition, page-258

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    Re webinar, recommend watching it.
    Something new from Mark is comparison of building in USA Florida verses Australia from what I recall , may have misunderstood some bits ?
    • USA seems to release large amounts of land for building , compared to Australia , eg Perth , land scarce and tiny blocks , and often sold to future home owners , even in developments.
    • USA large scale , rinse and repeat.Even in developments in Australia , many different builders in one street
    • Scale in USA , building in 90 days , reducing time to build walls from 10 to 1 or 2 days has far more benefits and impact than in Australia , where it takes a year to build.
    • Lack of support commitment from builders and government.re chicken and the egg problem.eg can build highway sound walls , but want to see installation of 20kms of wall.Same with housing , come up with 20 hadrians to replace bricklayers first.
    • CRH willing to put up $40m to build 20 hadrians , , conditional and plan to go to 300
    • Manufacturing hadrians Australia , building in Perth now , but makes sense to build USA compliant in USA , rather than send trucks to Australia , assemble and then send back to USA.
 
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