Australian Construction Market View

The Year-End Australian Construction Market View

Our Year-End report explores key factors impacting the construction industry in Australia, including the rise of inflation and interest rates, material prices, current skills and labour shortages. While many factors impact the construction industry nationally, each state continues to face local challenges and opportunities.

A book with a background of construction site.

Labour Pains

The Australian construction industry has encountered significant challenges marked by uncertainty and economic turbulence since late 2023. Despite the Australian economy exhibiting resilience and showing positive signs of recovery, the construction sector's contribution has remained largely flat. However, there are indications that the construction sector is beginning to embark on the path to recovery.

Our Year-End Market View offers insights and recommendations from various sources to address key challenges and pave the way for a for a brighter future characterised by resilience, sustainability, and efficiency in the construction sector.

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