Supply chain constraints place pressure on Australia and New Zealand construction markets
Market sentiment has improved across Australia and New Zealand’s construction markets, however this is resulting in competition for resources, amid global supply constraints.
In this on-demand recording, Director Simon Kearney and Construction Economist Tiffany Emmett discuss key themes coming out of the first half of 2021, as well as the outlook for the rest of 2021. They also discuss key factors which are likely to impact construction costs across Australia and New Zealand.
Listen to discover:
- How the better-than-expected economic recovery is affecting construction markets
- The influence of skills shortages on construction markets
- Impact of rising global material costs
- Construction cost escalation forecasts
Download our Q1 Australia and New Zealand market insight report to read more about the challenges and opportunities affecting the construction industry in New South Wales, Queensland, South Australia, Victoria, Western Australia, Auckland and Christchurch.