Australia Construction Industry Report 2024: Growth to Slow to 2% in Real-terms this Year Following 9% Growth in 2023 - Forecasts to 2028 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Australia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028" report has been added to ResearchAndMarkets.com's offering. Following annual growth of 9% in 2023, the growth of the Australian construction industry is expected to slow to 2% in real terms in 2024, owing to a decline in building permits, coupled with labour shortages, material supply constraints, and high construction costs. According to the Australian Bureau