Industry Analysis & Industry Trends
From offices and factories to hotels, airport terminals and retail complexes, this industry constructs most of the buildings where Australians work, shop and play.
Commercial and Industrial Building Construction industry revenue currently totals $17.1 billion, up by 5.6% on 2011-12. Nevertheless, the industry is expected to decline by an annualised 3.5% over the five years through 2012-13, as the economy struggled to restore confidence in the commercial property market due to the fragile global economy and sluggish local consumption and investment trends. The pace of industry revenue growth in the past five years corresponds with the decline in the value of commercial and industrial building construction of 5.0%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in a mature stage of its life cycle with growth tied to the investment trends in the downstream building markets.
Industry revenue is expected to contract by an annualised 1.5% over the 10 years through 2017-18, while industry value added (IVA) is projected to fall by an annualised 2.3%, failing to keep pace with the projected growth in the total economy (GDP growth by an annualised 2.4%). However, industry activity can fluctuate widely over the medium term. The long-term pace of industry expansion is mainly driven by trends in domestic economic and employment growth... purchase to read more