Antipodean Macro

Antipodean Macro

Only Charts

ONLY CHARTS #511

Aus construction, Aus new home sales

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Antipodean Macro
Feb 25, 2026
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1. The volume of construction work done in Australia fell 0.1% q/q in Q4 2025. Building construction rose +0.9% q/q and engineering construction declined 1.3% q/q.

Residential construction work done rose +1.0% q/q and +8% y/y. New home building grew +1.2% q/q, with detached house building falling 1.2% q/q and higher-density home building growing +5.6% q/q, consistent with trends in building approvals.

2. The volume of renovations activity in Australia fell 0.2% q/q in Q4.

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