BDO Construction Survey

https://www.bdo.com.au/en-au/insights/real-estate-construction/survey/bdo-construction-survey 

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Our 2022 survey comprises of financial data from Australian construction companies in FY22, transposed with the results of our previous construction survey (conducted at the beginning of COVID-19’s spread in 2020). The results in our latest report highlight the significant changes that have occurred over this tumultuous period.

Key takeaways

  • 60 per cent of companies surveyed reported an increase in revenue of more than ten per cent, compared to the previous financial year
  • Net profit before income tax (NPBT) significantly declined across the majority of companies surveyed
  • The top business priority for most participants is to attract, recruit and retain employees
  • The top cause for staff attrition is remuneration
  • 79 per cent of respondents also noted that a five-day working week would help with their overall wellbeing.