Hire and Rental News - November 2015

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15 HIRE AND RENTAL NEWS • NOVEMBER 2015
INDUSTRY NEWSINDUSTRY NEWS
Ben travelled to Iowa, USA to see how
the rental industry in that part of the
United States operates before attending
the American Rental Alliance Leadership
conference in Chicago.
The International Rental
Business Leadership Program is a
partnership between the member
associations of the Global Rental
Alliance (GRA) to advance leadership
opportunities and increase worldwide
International Rental Business Leadership Exchange
Congratulations to Ben Sinclair from Aim Hire in Victoria who is representing the HRIA
in this year’s Global Rental Alliance Exchange Program during October.
awareness of the equipment rental
industry. It allows young rental
professionals the opportunity to live
in another country for a few weeks to
learn more about the rental industry
internationally. The ARA Foundation
facilitates the leadership program on
behalf of the GRA.
The program develops industry leaders of
tomorrow by providing personal growth
experiences, leadership development
opportunity and a broadened view/
understanding of the hire industry
with insight into international business
practices.
All international leadership program
visits are chronicled by the participants
in weekly blogs. You can monitor
Ben’s progress each week at: www.
Rental-Business-Leadership-Program
The cost of renovating a home in
Victoria has surged by 6.5% compared
to last year and rose by nearly twice
the national average, according to the
Renovation Consumer Price Index
(RCPI) quarterly report released by
The report analysed 52,000 quotes
submitted by tradesmen online and
Cost of renovating in Victoria soars compared to last year
the latest RCPI compares the cost of
renovating in Q4 FY15 versus last year.
created an
interactive map that plots price changes
across 10 popular renovation services in
Victoria year on year which shows the
cost of hiring an electrician in Victoria
rose by 11.7% year on year, tiling and
paving services increased 8.9% and
plumbing rose 7.7% to become the most
expensive renovation trade in the state.
There was some relief though with
flooring and landscaping prices
decreasing by 12.7% and 4.9%.
It will be interesting to see if the hire
industry will see an increase in rental
rates as home handymen and DIY
renovators pick up the slack.