Australia’s ‘patchwork economy’ is making for sharp differences in the building outlook between states. Victoria’s very strong building since the GFC is now moderating, but will it be a soft or hard landing? Can Queensland’s mining windfall overcome its troubles with natural disasters and weak tourism, allowing construction to thrive in that state? What does the resources boom really mean for building prospects in Western Australia? And when will New South Wales emerge from its current winter of hibernation? The all new 2012 edition of Building in Australia from BIS Shrapnel is your essential guide on growth prospects for dwellings and construction, by state and by sector.
The report provides a respected and independent medium term assessment of the Australian building industry, contains demographic trends and detailed briefings on the residential (housing, other dwellings) and non-residential (commercial, industrial, social and institutional) sectors, and the alterations and additions market, by state. The report covers key drivers for housing demand, when investor interest will likely show signs of recovery, prospects for the home improvement market, outlook for building material costs, and the non-residential building cycle. We also provide an analysis of the economic environment, covering items such as interest rates, inflation and government policy.
Subscribers have access to our team of building and construction senior consultants and analysts throughout the year, to discuss any issues or forecasts contained in the report.