Australian Construction Market Conditions Report – November 2025

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

Key insights

Watch WT’s Construction Economist Damon Roast sharing key insights from the report.