Via the new Deloitte Investment Monitor. As inflation falls and margins are squeezed, expect this to get worse.
Deloitte Access Economics’ Investment Monitor is primarily a source of information for businesses and others about major engineering and commercial construction projects and their promoters. It is also a barometer of structural change in the Australian economy, and of the investment climate – now and in the future. The database for this edition of Investment Monitor contains details of 1,553 Australian investment projects valued at $50 million or more. The total recorded value of projects in the database is $919.2 billion. This represents a 1.5% increase from the previous quarter.
A total of $429.1 billion worth of definite projects (those under construction or committed) are currently included in the database – the highest level since December 2014. The value of planned projects in the database (those under consideration or possible) increased by $3.8 billion over the quarter to $490.0 billion.
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