“Beyond expectations”: Construction startup Ynomia bags $3.6 million from the investors of its dreams

“Beyond expectations”: Construction startup Ynomia bags $3.6 million from the investors of its dreams

Melbourne construction startup Ynomia has bagged $3.6 million in seed funding, from a group of heavyweights in the sector including Aconex co-founder Rob Phillpot and US specialist VC Brick & Mortar Ventures. Brick & Mortar Ventures is the largest construction tech investor in the US, and just last week closed its $US97 million institutional venture…

Griffith's young innovators

Griffith’s young innovators

Last week we were delighted to be a judge for the Griffith Innovation Challenge, assessing the best of pitches to form their passions into commercial ventures. Assessing the 3 groups, it was a tough call but the successful winners were able to clearly articulate their product, present clear data around the problem, display their capacity…

Tenants are likely to remain stuck in this situation for at least half a decade in properties they cannot afford to buy

Tenants are likely to remain stuck in this situation for at least half a decade in properties they cannot afford to buy

Low-income tenants in Australia are increasingly likely to be trapped in rental stress for years. New evidence from the Productivity Commission shows almost half of such “rent-burdened” private tenants are likely to remain stuck in this situation for at least half a decade. Rental stress is where a low-income tenant faces housing costs that leave…

“Harmony Cannot be Created without Balance”- The perception killing the people within the Construction Industry with suicide rate DOUBLE any other sector

“Harmony Cannot be Created without Balance”- The perception killing the people within the Construction Industry with suicide rate DOUBLE any other sector

The construction and building industries can be dangerous places to work. These jobs not only pose risks to a person’s physical health, but can threaten their mental health, too. In Australia, “tradies” make up less than one-third of all people in employment, but represent 58% of serious claims for workers’ compensation. Construction ranks in the…

Lendlease’s 30-storey residential and retail development in Sydney

The Urban Developer Plans for Lendlease’s 30-storey residential and retail development at Sydney’s Barangaroo has received the green light from New South Wales Independent Planning Commission. The final tower is part of a set of three, and shortest, designed by Italian architect Renzo Piano. The approval comes after Lendlease lodged a state significant development application…