Industry Analysis & Industry Trends
The Factory and Industrial Building Construction industry is responsible for the construction of a wide variety of buildings, ranging in construction complexity from simple tilt-wall warehouse space to sophisticated purpose-built laboratories that deliver high-security and humidity-controlled environments. The industry is the smallest of the non-residential building industries, with revenue projected at $6.5 billion in 2014-15. This represents an increase of 3.4% on the previous year due to the return of investment to the industrial property market as a result of the relatively high yields and signs of stronger general economic growth.
The industry is projected to record strong revenue growth of an annualised 4.6% over the five years through 2014-15... purchase to read more
Industry Report - Industry Analysis Chapter
The Factory and Industrial Building Construction industry endured poor trading conditions during the late 2000s, stemming from the slump of investment due to the global financial crisis and the dive in industrial property yields. Despite this, contractors in Western Australia and Queensland have since derived substantial stimulus from construction associated with the mineral and energy resources boom, while demand for warehouse and distribution facilities has been underpinned by growth in merchandise trade and a rise in online retail sales.
Over the five years through 2014-15, industry revenue is projected to increase by an annualised 4.6% to reach $6.5 billion... purchase to read more