Australian Construction Materials Forecasts

Our latest forecasts assess the implications for construction materials demand of the outlook for each segment of building and construction work.

Australian Construction Projects Database

This latest list of projects corresponds with our fully revised set of forecasts published in November 2023.

Australian Regional Construction Outlook

Our latest regional forecasts for residential building and construction have just been released.

The report contains extensive historical data, as well as annual forecasts for the next ten years. Data is in real work done terms (constant prices). In the residential sector, we also provide numbers of dwellings by region.

Project listings are provided for each region for non-residential building and engineering construction.

Australian Construction Outlook – Utilities

This report highlights the main drivers of the current upturn in utilities construction – strong focus towards renewable energy investment, additional spending on the NBN and a recovery on the construction of gas pipelines

Renewable Energy Construction Outlook

This report examines the strength and composition of the current upturn, and determines the likely timing of the peak, and subsequent decline.

Australian Construction Outlook – Residential Building

A large downward correction in residential building is underway, and should endure to June 2024.

The current downswing cycle was driven by low occupant demand during low migration period and exacerbated by the end of HomeBuilder scheme and rising interest rates.

Occupant demand is now rising to an unprecedented amount, as a result of a post-pandemic surge in net overseas migration.

The build-up of unmet demand, and need to address it, plus expected cuts in interest rates in late 2024, will trigger next housing upturn.

Australian Construction Outlook – Resources

Total resources construction commenced a rebound in 2022/23, following a decline of 48% over the four years to June 2022. We expect this growth to continue over the next three years, to a peak level in the year ended June 2026

Although resources construction, excluding oil & gas, faced consecutive annual declines of 19.6% in 2021/22 and 3.8% in 2022/23, a solid recovery is expected in the coming years.

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.

Australian Construction Cost Trends

This report examines the outlook for construction costs, in detail be sector and type of input.

Australian Road and Bridge Works

This report examines the strength and composition of the current upturn, and determines the likely timing of the peak, and subsequent decline.

Australian Construction Outlook – Transport Infrastructure

This report provides a detailed picture of the current upturn in infrastructure construction, including the timing of major projects, key drivers, and the expected timing of the peak and next downturn.