Shaista Shaista 
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.
We have produced an interim Global Construction Forecast update to reflect the fast-changing trade environment.
We have produced an interim Global Construction Forecast update to reflect the fast-changing trade environment.
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.
Residential real estate commencements (floor area) are expected to pick up over 2025. However, activity will remain at structurally lower levels, with Chinese authorities expected to maintain their goal to clamp down on speculative demand.
We have downgraded our forecasts for Australia due to the major disruptions to the global economy caused by changes to US trade policy.
Trade tensions between the US and China have continued to ratchet-up over the last week. While the exemptions to technology exports from China to the US offers some (potentially temporary) respite, the high tariffs of other goods are likely to hit both economies hard.
US President Donald Trump announced a range of tariffs on most trading partners on self-proclaimed ‘liberation day’.
US President Trump has announced a new tranche of ‘reciprocal’ tariffs, establishing a 10% minimum tariff on all trading partners, and a considerably larger escalation for several economies in the Asia-Pacific region.
The US will impose a minimum 10% tariff on all trading partners from April 5. Several economies will face larger tariffs from April 9 – some as high as 49%. Some products including steel and aluminium will remain subject to their own fixed tariffs.
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Uncover the critical role of investment analysis in Australia’s energy sector. Gain insights into cost of capital benchmarks for evaluating diverse energy projects.
Airbnb contributed $13.6 billion to Australia’s GDP and supported nearly 95,000 jobs in 2022, with guest spending boosting local businesses and domestic tourism, according to a new Oxford Economics report.
