Construction in transition: What are tomorrow’s growth drivers?

Sean Langcake is Head of Macroeconomic Forecasting at Oxford Economics Australia where he is responsible for macro forecasting and analytical content. Sean is a regular contributor in the national media on Australian and global economic trends and policy issues.

Prior to joining Oxford Economics, Sean worked in a wide variety of roles at the Reserve Bank of Australia, largely focussing on forecasting and macroeconomic modelling. Sean holds a Masters Degree in Economics from the University of New South Wales, as well as a first class Honours degree in Economics and a Bachelor of International Studies from the University of Adelaide.

Maree is a senior economist in the property and building forecasting team at Oxford Economics Australia, analysing demographic trends, housing markets and policy shifts. Having worked in industry economics for 10 years, Maree’s primary responsibility is residential property forecasts which are distributed through our subscription products, most notably the recently released ResRadar.

Adrian has over 23 years of economic analysis and consulting experience with Oxford Economics Australia, focusing on the infrastructure, building, maintenance and mining industries. Adrian has undertaken a wide range of consultancy projects for the public and private sector based on his detailed understanding of construction, mining and maintenance markets, their drivers and outlooks, the range of organisations operating in this space and the issues they face.

This work includes deeper industry liaison, contractor and competitive analysis, pipeline analysis, demand and cost escalation forecasting, and industry capacity and capability projects for the public and private sector. He is the lead author of major reports but also undertakes briefings and workshops for senior management, board members and industry associations, leads in-depth stakeholder consultation, and facilitates and chairs roundtables between government and industry.

Dr Nicholas Fearnley is the Head of Global Construction Forecasting, based in Sydney. Nicholas oversees the teams that produce the various construction, mining, and maintenance studies. He works over the full construction spectrum, and regularly presents and provides commentary for both the construction and mining industries.

Nicholas joined Oxford Economics in 2019 after working at Macromontor, where he was responsible for producing regular Australian building construction forecast reports, and bespoke cost escalation and material demand forecasts.

Prior to joining Macromonitor, Nicholas completed a PhD at the University of Sydney with a thesis titled: “A Critical and Quantitative Analysis of the Relationship between Informal Institutions and Economic Development.” He was awarded the Walter Noel Gillies Prize for best PhD thesis in Economics, and his thesis was accepted without edits.

Nicholas has undergraduate degrees in both Accounting and Applied Finance from Macquarie University, and a first class honours degree in Accounting from the University of Sydney with a thesis titled: “Culture and the Measurement Decision Offered by Investment Property”.

Timothy Hibbert leads the property, building, and demographic forecasting at BIS Oxford Economics. He has over 15 years of experience as an industry economist, working across government, consultancy, and subscription services.