Can Australia's construction sector cope with expected global turbulence?
Brisbane has the Olympics to prop up its construction sector but the rest of the country may or may not be as prepared for global economic volatility.
As the sun rises on 2025, the construction industry is waiting to see how global events pan out with a mix of trepidation and cautious optimism. (Image source: Shutterstock.com)
Turbulence is widely expected for Australia’s economy in this coming quarter and through 2025, casting a long shadow over construction costs and the future of most developers.
There is a general air of uncertainty over how things will pay out globally in the coming months. Notably, the impact of China’s recent economic stimulus on its real estate and construction sectors remains unclear.
If successful, however, it could boost demand for Austral…
