Australian Construction Forecast - April 2022

Before COVID changed the landscape for all kinds of businesses, the construction industry was expecting stable levels of work. Only slight drops in major centres following on from unprecedented levels of construction in these areas through 2018-19 were anticipated…

…The total value for construction approvals in Australia rose by $28billion – 16.3% - for the 2021 financial year. As the year has worn on, the approval rate has continued to climb, getting above 15% in most states. It’s good news considering the construction industry directly employs 1 in 10 Australians and contributed 133bilion to the economy in 2020…

Click to read more of the April 2022 Australian Construction Forecast report.

Talk to us now to help you with your IT Applications or PropTech systems on +61-1300-1-725-2647 or contact us via our Contact Page.