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Global trade and economy

Event Australian Economic Outlook Conference 2025 A new era of challenges: The risk pendulum swings from fighting inflation to navigating trade tensions and kickstarting productivity growth. 17, 24, 29 September 2025 Sydney, Melbourne & Online With inflation easing, new challenges are coming to the forefront-fractured global trade, declining productivity, and a softening global economy. For … Read more

Investment drives economic growth, but in recent years, the Australian economy has been dependent on growth in public investment while growth in private investment has flatlined. Over the second half of the 2020s, this trend is expected to reverse, with rising private investment stirring stronger economic outcomes, but also driving changes in the pattern and volume of construction activity.

Explore the 2025/26 Queensland Budget, focusing on public infrastructure, housing support for first home buyers, and key projects for the 2032 Brisbane Olympics.

Explore the new Monthly Household Spending Indicator (MHSI) in Australia, providing a comprehensive view of household spending patterns beyond traditional retail data.

Discover the key highlights of the 2025/26 NSW Budget, including extended land tax concessions for build-to-rent and funding for major infrastructure developments.

Oxford Economics Australia modelled Australia’s higher education qualification needs to 2052 for the Federal Department of Education and Training as part of the Australian Universities Accord Taskforce commission.

Stay informed on multi-storey residential construction trends. Learn about policy impacts, regional differences, and the shift towards medium density housing.

Explore the 2025 IASR on cost escalation factors for renewable energy in Australia. Understand the challenges and solutions for a sustainable energy transition.

Explore the latest insights on Australia’s economic forecast. Discover why growth has stalled and what the future holds for GDP in 2025.

Oxford Economics Australia delivered updated workforce demand forecasts and capability gap modelling using the latest national infrastructure data, equipping Austroads members with interactive dashboards and forward-looking analysis to inform policy and workforce planning.

Discover how Australia’s inflation eased in Q1 2025, driven by lower tradable inflation and global oil price declines. Stay informed on economic trends.

Stay informed on South Australia’s construction outlook for 2025/26. Learn about potential impacts of the upcoming election on housing funding and building projects.

The past month has been relatively quiet compared to the flurry of activity following the ‘liberation day’ tariff announcements in the US.

The 2025/26 Victorian Budget offers little to change the near-term outlook for construction activity, as high debt levels constrain the state’s ability to fund new projects.

As was widely expected, the RBA cut the cash rate by 25 basis points to 3.85% at the May meeting.

Australian CBD office property capital values have taken a battering since mid-2022, falling by an average 18% for prime assets. In the process, capital values have fallen below replacement cost in many markets, which is constraining new commencements.

Saturday’s Federal Election decisively delivered a second term for the Albanese government, clearing up the policy outlook.

Headline engineering construction work done rose 4.7% year-on-year to $36.5bn over the December 2024 quarter, driven by strong growth in utility and mining work.

Retail sales growth was steady at 0.3% m/m in March. Sales were lower in Queensland due to the impact of Ex-Tropical Cyclone Alfred but were relatively strong across the other regions.

Anthony Albanese has decidedly won a second term as Prime Minister, with the Labor party set to form a majority government.