The construction industry in Australia is a major contributor to the national GDP. In recent years efforts to improve the industry’s performance led to the realisation that the…
Abstract
The construction industry in Australia is a major contributor to the national GDP. In recent years efforts to improve the industry’s performance led to the realisation that the industry needs to be internationally competitive for it to remain viable. This paper examines the nature of the Australian construction industry in the context of the international construction industry. The concept of international trade is also used to explain trade patterns in the construction industry.