Building Forecasts > Report
Total building activity is expected to slow an additional 7% to $96 billion in FY2021, 25% lower than the FY2018 peak. Announced government stimulus is expected to soften the trough but will also act to slow the recovery due to incentives to pull forward activity. Off this low base, it is forecast that total building will improve 7% in FY2022, in line with economic and population growth returning.
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