While construction cost escalation is easing, the reprieve may be short-lived.
The construction market is set for another surge in cost escalation from 2027, as major projects ahead of the Brisbane 2032 Olympics combine with renewed upswings in Sydney and Melbourne.
About the report
Released bi-annually, our economic analysis focuses on cost escalation from a broad market perspective of national, city and sector trends in building and infrastructure, offering unparalleled insight into Australia’s construction sector.
Download the November 2025 report (PDF) 2.87 MB