Industry Analysis & Industry Trends
The Factory and Industrial Building Construction industry is responsible for the construction of a variety of buildings ranging in complexity from simple tilt-wall warehouse space to sophisticated purpose-built laboratories with high security and humidity-controlled environments. Industry revenue is estimated at $5.7 billion in 2015-16. This represents a marginal increase of 0.6% on the previous year due to investment into warehousing and distribution properties to aid merchandise trade.
Industry revenue is expected to grow by an annualised 0.4% over the five years through 2015-16, although this reflects wide cyclical fluctuations in construction activity... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of factory and industrial building work by state and territory varies due to the spread of population and economic activity. This reflects differences in the short-term economic cycles and variations in the industrial structure of each state and territory. Factors such as location of natural resources and unique characteristics also influence the regional spread of building activity. New South Wales is significantly under-represented in terms of the value of construction, while Western Australia is over-represented.
Victoria accounts for an estimated 27.5% of industry enterprises, marginally outweighing the state's share of population and economic activity. Victoria is a significant manufacturing and transport hub for the south of the country... purchase to read more