Forecasts

November 2023 Forecasts  

Purchase the November 2023 report or the Customised Forecasts Dashboard here 

ACIF Forecasts are a primary source of market information for the building and construction industry in Australia.

Led by ACIF’s Construction Forecasting Council (CFC) and produced by Peter Downes, Lead - ACIF Forecaster, ACIF Forecasts provide decision makers with a reliable and highly accurate compass for business planning.

Since 2002, Australian Construction Industry Forum (ACIF) has published the ACIF Forecasts to provide the industry with a relevant and credible ‘compass’ for the next ten years on upcoming demand for work across all sectors, including major projects, as well as what is happening with construction costs and labour requirements.

ACIF's forecasts are released biannually, representing good value in keeping you up to date on the big picture trends, as well as a searchable database - the ACIF Customised Forecasts Dashboard. 

 

About the Customised Forecasts Dashboard

The Customised Forecasts Dashboard makes it easy for businesses large and small to use our Forecasts database to get accurate local or national data - and plan effectively.

Four Forecasting tools in an easy to use online Dashboard.

  • Query the ACIF Forecasts database on Work Forecasts; Labour Requirements; Projects in your area; and find out the Big Picture for construction costs.
  • Over 6,000 Major Projects from CoreLogic
  • Data is available for upcoming work for residential building, non residential building and engineering construction.
  • Select from 20 work types, and locations by states and/or capital cities.
  • Forecasts can be generated as short term of eight quarters or a long term of ten years. The information is delivered as both data ready for further processing and as charts ready for inclusion in reports.
  • Forecasts data comes from high quality sources including ABS, CoreLogic and expert economic reports, before analysis by Peter Downes, Lead - ACIF Forecaster.
  • The Forecasts are scrutinised by ACIF’s Construction Forecasting Council, a panel of economists and industry experts from finance, housing, commercial property and more.

 

About the Australian Construction Market Report

ACIF's Australian Construction Market Report gives businesses interested in the prospects of the building and construction industry a highly accurate, highly credible analysis by state and for the nation overall on the indicators of demand. Rolling ten year forecasts across residential and non residential building, and engineering construction work. 

Content includes:

  • Macro economic data and information on the key drivers of change.
  • Construction industry at large - national forecasts across all sectors, including forecasts on real activity, employment.
  • National sector analysis, with charts and commentary of the breakdown of work types per sector and their forecast growth and contraction.
  • Detailed analysis of ALL Australian States and Territories and its capital city.
  • Data tables on Construction Aggregates and Construction Work Done.
  • Charts and commentary on the key changes noted for the next five years when compared with the previous five years.
  • Highlight on the areas of greatest change or prospects.
  • Top 30 Major Projects provided by Cordell Information

>> Click here to view sample pages from previous reports: ContentsNational Page and State Page


 

November 2023 Forecasts Available for Purchase - Release date: 22 NOVEMBER

 

 
 
 
 

 


 

Latest Summary

Highlights from the current Australian Construction Market Report and Briefing Interviews with a panel of experts.

Forecasts Briefings

Forecasts Briefings

Pay for an exclusive forecasts briefing from a forecasting expert!

Customised Forecasts Dashboard

ACIF's Customised Forecasts Dashboard provides subscribers with detailed forecast and actual data on upcoming work, major projects, labour requirements and construction costs.

About ACIF Forecasts

Scope, methodology and who generates the ACIF Forecasts.

Construction Forecasting Council

ACIF's Construction Forecasting Council is a panel of economists and industry leaders whose role is to review and provide input to the data that forms the ACIF Forecasts. Both the wealth of professional experience of the members of the Construction Forecasting Council and the unique insight from their respective organisations that ensures that ACIF Forecasts are the most credible forecasts of demand for the construction industry in Australia.

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