Invoice Finance for the Civil Construction Industry
With record government investment in the civil and construction industry, there has never been a better time for SMEs to make the most of such lucrative opportunities. However, the rewards that come from taking on big business contracts are not without risk. In Illion’s latest Late Payment Analysis from December 2020, it stated that Australian […]
Apricity helps NZ civil company through covid-19 with invoice finance facility
We are a New Zealand based tier 2 self-performing civil company whose clients include local government and tier 1 construction companies. Apricity provided the business with a flexible invoice finance product superior to that previously held with an NZ retail bank. This superiority is due to the greater funding and draw down limits, whilst also […]
Government Infrastructure Spending in 2021
As a result of the pandemic, both the Federal and State Governments have boosted infrastructure spending to assist with the economic recovery. The additional funding has been significant – $66.9 billion is set to be spent on infrastructure in the 2020-21 financial year alone, which is a big increase from the original budget of $53.3 […]
Building our way out of recession?
STIMULUS MEASURES MUST NOT FAIL SMES It’s no secret that infrastructure spending is being viewed as a critical part of the post COVID economic recovery. The Government has already announced a $220 billion infrastructure pipeline with further infrastructure spending expected to be announced in the October budget. Mega-projects, including high-speed rail, water supply and storage, […]
Apricity helps keep rail infrastructure group moving
We are a large, privately-owned rail construction company with offices across Australia, New Zealand and further afield, with about 1,000 staff on our books. Our primary role is supplying rail infrastructure construction to medium to large scale multi-disciplined projects for light rail, metro, passenger, freight, heavy haul and crane rail. We first looked for a […]
Federal budget 2019 includes a $7.3 billion boost for infrastructure in NSW
The 2019 Federal budget, announced by Treasurer, Josh Frydenberg on 3 April is rightly described as a play for the next Federal election. More spending and tax cuts have been promised, and while these will of course be dependent on the re-election of the Government, projects such as Western Sydney Airport Rail Line and North […]
