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ARTICLE · 09 JUNE 2025

Current state of the construction and infrastructure market

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The construction industry is characterised by much law and regulation.

AustraliaReal Estate and Construction
Mark Glynn
Mark Glynn
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The building and construction industry is significant and complex, with a landscape which is constantly changing.

It is currently characterised by: 

  • significant public investment in national infrastructure with a $213 billion pipeline over 5 years to financial years 2027 – 28
  • planning approval delays particularly in NSW
  • high costs of construction
  • continuing and increasing construction related insolvencies
  • a chronic shortage of housing
  • a move towards 'built to rent' and land lease communities and developer contributions to affordable housing as the cost of housing continues beyond the reach of many Australians
  • the uncertain ongoing demand for office towers because of COVID and the impact of the now generally accepted 'work from home' option

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Michael Byrnes, Partner
Phone: + 61 2 9233 5544
Email: [email protected]

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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