Information utilised in this report is current as of 1 July 2023.

Mengenai

The BCI Forecaster is a leading monthly indicator of construction contract values hitting the market in the upcoming three months. Construction start values are presented Australia-wide, broken down by civil and building construction as well as by five key states and six key building sectors/project categories.  

Ramalan jangka pendek digambarkan dengan membezakan tinjauan segera tiga bulan berbanding tiga bulan sebelumnya. Aliran jangka panjang ditunjukkan dengan membezakan nilai permulaan pembinaan dua belas bulan, berakhir tiga bulan, berbanding tempoh 12 bulan yang sepadan setahun sebelumnya.  

BCI Forecaster ialah alat perancangan jangka pendek yang sangat diperlukan, membenarkan pembuat keputusan untuk menetapkan matlamat dan parameter yang realistik untuk pasukan jualan dan operasi mereka. 

Data is based on projects reported on a daily basis by BCI Central’s real-time project leads database, LeadManager. 

Syot kilat

Tinjauan

The construction market remains vulnerable to a number of pressures such as build costs, delays, business confidence, and rising interest rates or borrowing costs. This edition, total construction starts are seen to sustain the long-term trend at a steady pace of 2%, thanks to both building and civil sectors maintaining their trajectories. On the other hand, the gloomy short-term percentages are largely influenced by high-value projects in the previous quarter that are casting a shadow on the values from the most recent three months. 

Sektor Bangunan

 

The residential sector continues to ease back, but the other categories can be seen rebounding in this edition. From the community sector, we have previously reported the projects supporting its healthy activity. For this period, notable community projects pushing through to construction are the CEP – Mackay Base Hospital Expansion (PID 306731017), the CEP – Cairns Hospital Expansion (PID 306725017), the CEP – QEII Hospital Expansion (PID 292726017), and the CEP – Townsville University Hospital Expansion (PID 290937017) in QLD. From the office sector, which is also maintaining a positive trajectory, the upcoming construction of the Atlassian Global Headquarters/Tech Central Sydney (PID 225060017) in NSW is livening up the sector. 

Sektor Awam

 

The civil construction starts this quarter are characterized by the influence of a major project we have previously reported – the AUS$ 8.6Bn Woodside/BHP Billiton JV – Scarborough to Pluto LNG Plant (PID 158751017) in Exmouth, WA. Although the project continues to distort the readings for this edition, we have reported key utilities projects that are helping to boost current figures – Upper South Creek Advanced Water Recycling Centre – Stage 1 (PID 252401017), and Woodside/BHP JV – Scarborough Umbilical Risers & Flowlines (PID 163959017). In addition, we have reported the commencement of Wambo Wind Farm (PID 209335017). 

 

To view more data for building (residential, community, education, office, industrial, retail and hospitality) and civil (infrastructure, transport, utilities) construction projects, download a copy of our Australian construction industry forecast (July 2023 – September 2023).