POST-pandemic recovery will be varied across the Australian construction industry, with overall growth set to exceed expectations.

According to FTI Consulting and the Australian Construction Industry Forum’s (ACIF) Australian Construction Market Report 2021, a 2.7% growth rate is expected across residential, non-residential, and engineering construction.

Compared to the previous ACIF forecasts of a 3.2% industry decline over 2020-2021. This is largely attributed to a more limited spread of the COVID-19 pandemic across the country and ensuing government policies and initiatives.

Read the full story on the Australian Property Journal