To assist your audit partner, you have been asked to provide a report outlining the major factors in the building industry affecting the assessment of going concern of entities from the building industry for the year ending 30/6/22. Your report must focus on the period 1/7/21-30/6/22.

Discuss the impact of events and factors (eg supply chain issues, changes in raw material prices, labour shortages, and the ongoing impact of Covid) in the context of assessing going concern for the period ending 30/6/22.

You should therefore discuss how these factors/events have impacted Lendlease Company's (and entities in the building industry in general) ability to generate sufficient cashflow to meet all obligations for the following 12 months.