Latest Costs News

Australia’s construction sector faces uncertainty amid global and domestic challenges

Australia’s builders are facing an ever-diminishing window in which to remain afloat.

Drone hovers over construction site and two workers.
Perhaps more than ever before, Australian construction businesses need to innovate to improve productivity, compete and survive. (Image source: Shutterstock.com)

Growing labour shortages, mounting insolvencies, disruptive trade wars, and now a shrinking Australian dollar – is there no end to the pressures that are battering Australia’s construction sector?

Uncertainty continues to be the flavour of this quarter, especially as the US-tariff situation continues to be a prolonged standoff of stiff policy retaliations and negotiations. Meanwhile, global shipments continue to decline – exports from major prod…

Lastest News