Building Forecasts > Report

Building Industry Prospects September 2021 Bulletin

​Receiving a boost from pandemic related housing stimulus, total building is estimated to have returned to growth in FY2021 (+6%). The latest lead indicators point to a strengthened near-term building investment outlook, with a softer fall back in new home demand post HomeBuilder. The impact of lockdowns in New South Wales and Victoria are expected to be temporary. A firmer pace of growth is now forecast for FY2022 (+7%) and FY2023 (+8%), lifting total building to a record $140.09 billion.

To read the full briefing please
If you are not a subscriber, request a free trial by filling out the form below