Total resources construction has experienced a decline of over 50%, in real terms, over the past five years, reaching its lowest point for 16 years in calendar 2022.
However, a positive shift is now expected, as resources construction is anticipated to rebound in 2023/24, with an expected peak in 2024/25
This report provides a concise explanation of the outlook for all types of resources sector construction in Australia, by commodity and by state and territory.