There are four major components to the construction boom that has kept Australia moving for the past eight years. The first is public infrastrcuture. It’s ramp up has topped out and it is at slowing declining high plateau as huge projects like the NBN roll off:
The second is private infrastructure which is falling precipitously with more ahead:
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The third component is non-residential private investment. It has also peaked and is headed lower from here as commercial and office space finds itself in a sudden glut with tumbling rents:
