Inside the Economist’s Mind
Inside the Economist’s Mind
Economic Insight
Building Momentum: Australia’s Q1 Construction Surges in Housing and Renewables
11 minutes Posted May 28, 2025 at 11:31 pm.
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In this episode, we unpack Westpac IQ’s latest report on Australia’s construction sector for Q1 2025. With overall activity holding steady and a 3.5% year-over-year growth, residential construction is leading the charge. We also explore the evolving landscape of engineering construction, where traditional infrastructure takes a backseat to a growing wave of renewable energy projects. Plus, hear insights on how easing inflation is impacting builders and developers across the country. Whether you're in real estate, energy, or policy, this episode brings you the key takeaways shaping Australia’s construction future.