The Problems of a Broken Construction Industry

Share this Article

The construction industry, accounting for nearly 10% of the Australian economy, is currently facing a crisis. As highlighted by Four Corners in “Investigating Australia’s home building industry crisis” the sector is plagued by issues such as unfinished homes, unpaid tradespeople and suppliers, and a lack of government action. The piece from ABC’s flagship show paints a grim picture of the industry, with personal stories of dreams shattered due to builder insolvencies, disrupted supply chains, and skyrocketing input costs.

The Four Corners journalist describes some grim statistics. For example, suppliers of building products are losing up to 70% of their business when construction companies collapse. There are surprisingly thin margins (around 2%) that builders like Metricon make in the industry. As a result, they rely on volume, even for a product with such high risk. Amazingly, 30% of all corporate collapses are construction industry related. Worst of all, we see hardworking families lose tens of thousands of dollars worth of savings chasing their dreams only to lose it all.

At NotCentralised, we believe that technology, specifically blockchain and programmable payments, can play a pivotal role in addressing these challenges. We have designed and built solutions that leverage the power of blockchain and tokens, to efficiently, and reliably transform the construction industry.

In the coming days, we’ll share more about the TradeFlows protocol and our work with the recent RBA / DFCRC pilot project. We will highlight the way our use case relates to the construction industry, and how we see technology playing a significant role in fixing the issues Australia has.

Email Us

Visit Us

Lvl 14, 5 Martin Place, Sydney NSW 2000

Get in Touch

Fill out the form to find your solution.

Get in Touch

Fill out the form to find your solution.

Stay in the Loop

Subscribe to receive updates.

Stay in the Loop

Subscribe to receive updates.


Mark drives innovation with his deep understanding of AI, blockchain, and data technologies. His experience spans over 15 years of contributions to finance, technology, and operational strategy across Australia, Europe, and North America.

In 2021, he transitioned from Head of Data and Technology at a leading Australian accounting firm to startups. Prior to this, he worked in equity and macroeconomic research in the capital markets space.

Mark brings a passion for data and insights to NotCentralised. His understanding of AI and blockchain technology is central to the development of workplace productivity and financial system modernisation products, including SIKE and Layer-C. Mark’s dynamic and solutions-focused methods enable the navigation of complex technological landscapes and new market potentials.

Mark holds an Executive Master’s and a Bachelor of Commerce. He led the creation of the Australian DeFi Association and serves on the advisory board for the Data Science and AI Association of Australia. His commitment to such communities demonstrates his enthusiasm for emerging technologies and vision of positive change through technology adoption.


Nick spearheads product strategy and institutional business development, leveraging a rich background spanning 23 years in capital markets and financial services across the UK, the US, and APAC.

In 2020, Nick transitioned into startups, bringing extensive experience in asset management and corporate advisory from roles including Director, Head of Australian Fixed Income at Abrdn and Managing Director, Head of Corporate Credit at Gresham Partners. His expertise extends to client management across the government and private sectors.

With a First Class degree in Law and Criminology and Chartered Financial Analyst experience since 2002, Nick is known for his energetic and creative approach, quickly appraising business models and identifying market opportunities.

Beyond his role at NotCentralised, Nick actively contributes to multiple startups and SMEs, holding various Board and advisory positions and applying his institutional expertise to early-stage ventures. Nick is fascinated by emerging technologies with significant societal impact and loves to immerse himself in nature.


Arturo leads product development and software engineering, applying over two decades of experience in technology, capital markets, and data science. With his years of programming expertise, Arturo smoothly transitioned into blockchain, AI, and machine learning.

Arturo has built and sold technology startups across Europe, following quant derivatives roles in global investment banks. His prior experience includes data projects for the NHS in the UK, Strategic Technology Advisor at Land Insight, and Senior Advisor to OpenInsight, where he built predictive models for vessel usage in commodity markets.

A mathematics and statistics graduate from Stockholm University, Arturo’s early grounding in logic problems and data manipulation techniques is evident in his practical applications. His work building equity derivative pricing models for Merrill Lynch and Royal Bank of Scotland showcased Arturo’s highly specialised skillset.

Arturo relocated from London to Australia in 2020. Beyond NotCentralised, his passion for technology and industry involvement extends to the Australian DeFi Association, which he co-founded, and regular contributions to the Data Science and AI Association.