GENERAL NEWS
CONSUMER trust in the construction sector continues to fall, with two in five Australians saying their perception of the industry has gotten worse over the past 12 months...
Consumer research from data, analytics and technology company Equifax shows that just over half of Australians plan to purchase, renovate, or build a home or investment property in...
After housing affordability, the biggest barriers to buying, building or renovating a property in Australia all relate to people’s perception of the construction industry...
Four in ten (41%) Australians identified a shortage of reliable and qualified builders as a key barrier to buying, building or renovating a property, and the same number raised concerns...
The challenges facing the construction industry are having a notable impact on consumer confidence. A massive 85% of Australians surveyed are concerned about building quality and...
Australia has just recorded its worst 12 months for new home builds in a decade and experts are calling for more action on labour shortages that have...
These worries are even more pronounced among those with property intentions, with 73% of people looking to buy, build or renovate in the next five years voicing these concerns...
Negative perceptions of the sector are becoming hard to shift. Almost half (47%) of Australians doubt anything will change over the coming 12 months when it comes to the construction industry...
The good news is, we know there are many capable, reliable and resilient industry players that are dedicated to doing the right thing. The opportunity is there to rebuild consumer...
Three in four say they’re likely to require independent due diligence and ratings of a property developer, contractor, or building professional when buying (69%) and...
Further, 72% of Australians who intend to buy, build or renovate a property in the next five years would be willing to pay to ensure they’re working with trustworthy property developers or...
The lack of consumer confidence in the construction industry, combined with increasing interest in building, buying or renovating, creates a catch-22 for the industry. Consumers have big...
Data shows that consumers who are aware of and/or used Equifax’s Independent Construction Industry Rating Tool (iCIRT) star-rating system – which gives developers...