Australia & New Zealand combined are projected to see minimal GDP growth in 2020:
The economic impact and fallout of the Coronavirus Pandemic on Australia’s & New Zealand’s construction sectors still needs to be established, it will most probably take 2 or 3 months for the dust to settle & clearer picture appears. The reality is that many construction projects will be delayed, deferred or worst case situation withdrawn, this situation short term could drive up construction unemployment rates in both countries.
