Economic outlook: will Australian construction see growth in 2022?

Scott Hazelton Consulting director at S&P Global Market Intelligence

15 June 2022

Construction will see solid growth, but with a new government elected more policy details are needed to see what their plans mean for the industry, says Scott Hazelton from IHS Markit.

Australia will see above-trend real Gross Domestic Product (GDP) growth at 3.5% in 2022 on the strength of commodity prices. Economic growth in 2022 will be supported by a return to some sort of normalcy from Covid thanks to high vaccination rates, as well as the broader reopening of international…

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