New Market Report: Australia Infrastructure Report Q2 2014
Latest quarterly data for Q313 shows that Australia's construction sector is on the path to recovery and we believe this recovery will continue into 2014. This is reflected in our forecasts, with real growth expected to reach 3.4% in 2014, compared to 2.4% in 2012 and 0.7% in 2013. Our view is underpinned by the conducive monetary conditions for construction, a sustained recovery in homebuilding activity, and the potential for greater construction activity from the private and public sectors.
View full press release