About BCI Pipeline Report. Work Entering the Pipeline: Concept + Design Stage Projects Q Disclaimer. BCI Economics Services
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1 QUEENSLAND Q2 216
2 About BCI Pipeline Report 3 Work Entering the Pipeline: 4 Concept + Design Stage Projects Q Overall Picture By Category Disclaimer 1 BCI Economics Services 11 BCI PIPELINE REPORT QUEENSLAND - Q
3 BCI Economics is the center of market intelligence within the BCI Media Group. BCI reports on well over 2, construction projects in 12 regional markets including Australia, New Zealand, Singapore, Indonesia, Malaysia, Thailand, Vietnam, Singapore, Hong Kong, and since 213, Cambodia, Laos, and Myanmar. With highly qualified team members on the ground in 25 offices across the region, BCI has unparalleled access to live construction data going as far as 1 years back and two years ahead. The BCI Pipeline Report provides quarterly leading indicators of the value of new construction projects in their early stages (from competition to documentation). It is an essential source of construction information for any organisation or individual connected or concerned with the future of the construction industry in Australia. The BCI Pipeline Report offers more than just a general view of the construction market by revealing specific trends at regional and category levels. However, as well as providing the bigger picture by region and by category, the BCI Pipeline Report can be used in conjunction with LeadManager to focus on and take advantage of areas of opportunity. This will be of particular relevance to clients who need to have their products considered in the early stages of a project. BY CATEGORY Building Residential Community (incl, Recreation, Legal and Health) Education Office & commercial Industrial Retail & Hospitality Civil (Incl. Infrastructure, Transport and Utilities) METHODOLOGY The data in the BCI Pipeline Report is based on projects reported on a daily basis in BCI s realtime project lead database. For the past nine quarters all projects at competition, concept or design stage were extracted from the database, by publishing date. Only new projects (projects reported for the first time) are included. The aggregate value of the projects is then established, by quarter. BCI PIPELINE REPORT QUEENSLAND - Q
4 CONCEPT & DESIGN STAGE PROJECTS Q2 216 BCI PIPELINE REPORT QUEENSLAND - Q
5 QUEENSLAND TOTAL PROJECTS IN QUEENSLAND ($Mn) QUARTER Q2 216 vs. Q % Q2 216 vs. Q % While not enjoying the economic strength of NSW or Victoria, Queensland is still showing some positive growth prospects. With rather erratic quarter by quarter results for Building construction it is difficult to pick likely winners and losers although Residential development proposals show some weakness. BCI PIPELINE REPORT QUEENSLAND - Q
6 BUILDING PROJECTS IN QUEENSLAND ($Mn) Q2 216 vs. Q % QUARTER Q2 216 vs. Q % CIVIL PROJECTS IN QUEENSLAND ($Mn) Q2 216 vs. Q % QUARTER Q2 216 vs. Q % 1 69 Compared with previous heady days of mining related activity, current levels for Civil construction proposals seem rather modest but Q2 216 does show a welcome spike mostly attributable to the Brisbane Metro Subway (PID ) and the Parallel Runway for the Brisbane Airport (PID ). BCI PIPELINE REPORT QUEENSLAND - Q
7 The results for Residential in Q1 216 were buoyed by the $3 billion City Centre North Apartments project in Springfield (PID ) which will be developed over an extended time frame. If we discount that project then the downtrend in this category is even more apparent. Fortunately in Q2 216, other categories have offset the decline, including Community with the $2M Capricornia Correctional Facility (PID ) and Industrial with the $1.6 billion Eagle Oil/ Casper JV Oil refinery (PID ). RESIDENTIAL PROJECTS IN QUEENSLAND ($Mn) - including Aged Care Q2 216 vs. Q % QUARTER Q2 216 vs. Q % COMMUNITY PROJECTS IN QUEENSLAND ($Mn) - including Recreation, Health and Legal Q2 216 vs. Q % QUARTER Q2 216 vs. Q % BCI PIPELINE REPORT QUEENSLAND - Q
8 EDUCATION PROJECTS IN QUEENSLAND ($Mn) Q2 216 vs. Q % QUARTER Q2 216 vs. Q % OFFICE & COMMERCIAL PROJECTS IN QUEENSLAND ($Mn) Q2 216 vs. Q % QUARTER Q2 216 vs. Q % BCI PIPELINE REPORT QUEENSLAND - Q
9 INDUSTRIAL PROJECTS IN QUEENSLAND ($Mn) Q2 216 vs. Q % QUARTER Q2 216 vs. Q1 216 N/A RETAIL & HOSPITALITY PROJECTS IN QUEENSLAND ($Mn) Q2 216 vs. Q % QUARTER Q2 216 vs. Q % BCI PIPELINE REPORT QUEENSLAND - Q
10 Information utilised in this report is current as of 1 July 216. The information for the economic indicators was drawn from the Government websites of the Australian Bureau of Statistics ( and the Reserve Bank of Australia ( BCI Australia does not lay any claim to this data. This information has been prepared without taking your specific needs or objectives into account. Because of this you should consider its appropriateness with regard to your objectives or needs before acting on this information. BCI Australia does not warrant the accuracy or completeness of the information in this publication, and accepts no, and disclaims all, liability for any loss or damage whether occasioned by reliance on such information or otherwise. The information is subject to change without notice and BCI Australia is under no obligation to update the information or correct any inaccuracy which may become apparent at a later date. BCI PIPELINE REPORT QUEENSLAND - Q
11 BCI Economics offers three types of services to clients active in the construction sector; Ongoing, Specialised and On Demand. ON-GOING As part of its service to project leads subscribers, BCI offers periodic construction forecasts. These are an integral element of BCI s member services and an important aid in helping decision makers anticipate critical changes in market demand: BCI FORECASTER is a monthly report of construction starts (as measured in local currency value), The short term review of market developments contrasts the most recent three months against the three months prior; the short term forecast compares the up-coming three months with the most recent three months period. The long term review contrasts the most recent twelve months against the corresponding twelve months period in the prior year. The long term forecast compares the twelve months period ending three months out with the corresponding period in the prior year. The Forecaster serves as an effective, extremely competitive short term sales and operations planning tool. BCI CONSTRUCTION OUTLOOK is BCI s annual outlook for the forthcoming fiscal year. The comprehensive report is presented to the public at BCI s Annual Breakfast Briefings. It provides a succinct fact-based picture of construction market demand for the next four quarters, contrasted against the last 12 quarters. BCI SENTIMENT SURVEYS are conducted annually and focus on the business confidence of stakeholders in the construction sector (developers, architects, builders and subcontractors), shedding valuable light on the overall market trajectory. SPECIALISED Current market developments guide BCI in its choice of topics for its widely recognised market reports. Past reports have included Green Building reports (26, 28, 21 and 214); Construction in the Health Sector (29); Building the Education Revolution (29), New Energy Report (212). ON DEMAND On demand research includes all commissioned research conducted by BCI Economics at the request and pursuant to the specifications of our clients. TEMPLATED RESEARCH This type of research implies that BCI Economics bundles research projects across several clients, making commissioned research particularly affordable for clients. This approach often involves so-called omnibus surveys. As a source of reliable, quick and cost-effective information on topics which are generally too brief to be addressed in a separate survey, omnibus surveys by BCI involve a range of methodologies including complex searches in BCI s comprehensive project leads database, on-top research to provide extra information on existing project reports (e.g. white good brands chosen for serviced apartments completed in the last 12 months) and target group surveys. The topics typically address one of the following: Market Share Analysis Decision Maker Analysis CUSTOM RESEARCH Custom research at BCI Economics knows few limits, provided the construction market is involved. Over the past two years BCI Economics has successfully completed comprehensive market studies on a variety of building product sectors including, but not limited to; roofing, insulation, lighting, home appliances, elevator/ escalator, air-conditioning system, sanitary ware, copper building wire and light steel. The assignments went all the way from simple market share analyses to a comprehensive market due diligence analysis for a proposed acquisition of an Australian supplier by an European group. Typical assignments handled by BCI Economics include: Brand Awareness and Market Share Analysis Market Entry Analysis Market Development Analysis BCI PIPELINE REPORT QUEENSLAND - Q
12 Contact Paul Reid Sales Manager, BCI Australia Don Smith BCI Economics Team Leader, BCI Media Group BCI Australia 86 Chandos Street St Leonards NSW 265 Australia T: F: sydney@bciaustralia.com
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