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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 Banner - including a grayscale photo of a female construction worker hanging up a light on site

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.

February 2023
In this edition:
  • Apprentices: nearly 57,000 apprentices commenced training in the last reporting period, an increase of 30% over the year earlier.
  • Industry confidence: Property industry confidence has dipped to 110 (from 132 mid last year) which can be attributed to the rise in interest rates. (Neutral Confidence = 100).
  • Employment: 6.2% of the Victorian workforce are employed in the building and construction sector.
  • Building activity: There was a 18.5% increase in dwelling approvals for December (seasonally adjusted), after a 7.8% increase in July.
July 2022
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.