Australian Construction Market Outlook Webinar with WT Partnership

WT construction economist Damon Roast says most markets have been affected by price escalations in both direct and indirect inputs.

“The idea that pandemic-led record levels of escalation were temporary and the old world of 3 per cent escalation, or even cost falls would return has not happened,” Roast said.

“Brisbane leads the way with an average annual escalation of 6.8 per cent thanks to a strong pipeline and further momentum from Olympic infrastructure with potential upside risks.”

To read the full report by WT, click here.