FX.co ★ Australia Construction Index Strengthens Further

The Ai Group Industry Index for Australia’s construction sector rose by 9.0 points to -9.9 in May 2026, marking a three‑month high and extending the sector’s recent recovery. However, operating conditions remained difficult, with ongoing uncertainty weighing on activity. Businesses cited delays in client decision-making, slower project approvals, and weak customer confidence, all of which contributed to the deferral of investment and procurement plans. Construction firms also reported increasing concern about the outlook, pointing to project delays, elevated costs, and persistent stock shortages. Nevertheless, the volume of new enquiries held relatively steady.