Construction self-regulation is just not on

There has been a lot of talk recently about the need for regulation in the charity sector.

One radio pundit was astonished that the charity industry, with an estimated €1.8bn annual value, is self-regulated, with no independent government oversight. Imagine an industry sector four times this size which also is self-regulated. This is the construction industry.

According to the Society of Chartered Surveyors Ireland report ‘The Irish Construction Industry in 2012’, in 2013 construction output will be down to €7.5bn from a high in 2006 of €35bn.