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Discover the latest insights into the upgraded global construction outlook with our exclusive chartbook. Delve into visual representations of key data points and trends to gain a comprehensive understanding of the industry’s growth trajectory in 2024 and beyond.
Global construction activity has continued to stagnate over 2024 as the impact of high construction costs, policy tightening by central banks, and the real estate downturn in China offset the activity gains from infrastructure stimulus.
Global construction activity is forecast to fall over 2024. In this context, we have identified 6 themes that we think will dominate the narrative of the construction sector over 2024.
This report provides the results of our economic modelling of TikTok’s economic contribution to the Australian economy, as well as the findings of survey research into TikTok’s users and Australian businesses. It looks at the real world impacts users report as well as the diversity of TikTok’s online communities.
We expect that demand for energy transition-related critical minerals will grow significantly in the next decades even in the absence of rapid progress required to achieve net zero.
Australian bond yields have risen over the past 18 months, highly influenced by movements in the US, reflecting more hawkish expectations for policy rates and a higher term premium.
Australia’s maintenance market is estimated to have increased to $53.5bn in FY22, driven by road rehabilitation following flooding along the east coast of Australia. Road maintenance expenditure will continue to be supported over the near-term by Federal and State government programs. Mining maintenance spending will be buoyed by elevated commodity prices, and increased maintenance requirements on recently built LNG facilities.
