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 Locations Chapter
The distribution of the value of factory and industrial building work done by state and territory varies from the geographic spread of population and economic activity. This principally reflects differences in the short-term economic cycles and variations in the industrial structure of each states and territories. 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 represents an important source of industry revenue and accounts for about 27.1% of industry enterprises, marginally outweighing the state's share of national population and economic activity... purchase to read more