AIBS has also gained our members access to the Australian Construction Industry Forum (ACIF) Forecasts. ACIF Forecasts are the industry’s own forecasts for the whole building and construction industry, for the next ten years. ACIF Forecasts cover 20 work types across residential and non-residential building plus engineering construction, as rolling ten year forecasts plus ten years of actual performance. Developed by leading industry forecaster, the information is then rigorously reviewed by a unique panel of economists and industry experts before release.
ACIF Forecasts include four forecast types:
- Work demand – the dollars to be spent over the next decade, by 20 work types, by national, whole of state, capital city, or rest of state.
- Labour requirements – the number of people required by our industry, by skill type, by state or across Australia.
- Big Picture – the costs for construction projects as an index, so you can prepare project quotes with confidence.
- Major Projects – provided by Cordell Information, the full Major Projects database includes over 5,500 major projects over $20m, with the ability to search for projects by location down to postcode level, category, and commencement date. View information on value and project status.