Melbourne’s Lindrum Reborn As Prime Office Space
Melbourne’s iconic Hotel Lindrum, steeped in heritage, is about to undergo a…
2 August 2019
Australia’s construction industry is expected to regain growth momentum from 2020, thanks to the governments focus on a range of major infrastructure development programs and projects.
According to GlobalData’s recent report, Construction in Australia – Key trends and opportunities by state and territory to 2023, the improvement will be driven by investments in transport infrastructure, with the government planning to invest US$58.9 billion to develop the country’s transport infrastructure by 2027-2028.
“Commercial and industrial projects and an improvement in consumer and investor confidence will also provide support, offsetting the downturn in residential construction” says Danny Richards, Construction Analyst at GlobalData.