Incolink

Construction Industry Snapshot

Welcome to the Incolink Construction Industry Snapshot. We hope you find these insights valuable in planning and decision making as we navigate the challenges and changes throughout the industry.

Construction Industry Snapshot

Welcome to the Incolink Construction Industry Snapshot.

As the safety net for workers in the commercial building and construction industry, we’re providing Employer Members and Industry Stakeholders with an overview of what’s happening in the sector, as well as an insight into the shape of the economy.

We hope you find these insights valuable in planning and decision-making as we navigate the challenges and changes throughout the industry.

Download the current and previous reports below.

July 2022
In this edition:
  • Construction industry activity: 2,163 projects in Victoria over the last 90 days worth an estimated $43.52 Billion
  • Industry confidence: Property industry confidence has rebounded strongly, from 115 points to 132 on the index (Neutral Confidence = 100).
  • Employment: 6.3% of the Victorian workforce are employed in the building and construction sector.
  • Apprentices and trainees: There was an increase in the number of construction trades apprenticeships commenced in the year ending June 30, 2022 compared to the previous year - in Victoria (78,420 compared to 76,620).
  • Building activity: There was a 7.8% increase in dwelling approvals for December (seasonally adjusted), after a 4.6% fall in November.
April 2022
February 2021

Questions?

Any questions about the report or to suggest additional metrics for future reports, contact Benjamin Maxfield - General Manager of Industry Services & Growth BenjaminM@incolink.org.au.