The Australian Financial Review uses Rider Levett Bucknall's Oceania Construction Cost Commentary April 2008 to report upon the future of the Australian construction industry. Rider Levett Bucknall's report predicts skills shortages, strong demand and rising material prices will keep upward pressure on construction prices in Australia for the next six months.
"Overall the expectation is for sustainable levels of workload for the year and beyond," Mark Lochran, Rider Levett Bucknall's Director of Research and Development says. "However, this prognosis could be adversely affected if the global credit turmoil continues to rumble on"