The May 2022 ACIF Forecasts will be released tomorrow, and you will be able to purchase the Australian Construction Market Report and access to the Customised Forecasts Dashboard here on the day. Also tomorrow, we will be holding a Forecasts Briefing from 11:00am to 12:00 noon, and you can register to join this here . Our Event Partner, AIQS , will be hosting this briefing and we are grateful to them for that. The ACIF Forecasts are issued twice a year in May and November and cover 20 different construction categories in residential, non-residential and engineering construction. They provide a 10-year outlook, and the Customised Forecasts Dashboard has data going back 20 years. The ACIF Forecasts are produced by our partner FTI Consulting with oversight by ACIF’s Construction Forecasting Council.
The result of the federal election this Saturday will be of keen interest to industry associations across the nation, including ACIF and our members. It will be interesting to see if the Coalition’s policy announcement this week regarding allowing first home buyers to use their superannuation to purchase their first home will make a difference. ACIF’s member associations will be meeting on Monday next week, and how the result may affect the construction industry will be a key topic of discussion.
Last Friday I chaired a panel session at the Be Summit on skills and materials shortages in the construction industry, and how this may be affecting the financial viability of companies in the industry. The Be Summit had an impressive array of speakers and panellists discussing key issues for the built environment, and I strongly encourage you to attend future Be Summits.
Dr James Cameron
ACIF Executive Director
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