FX.co ★ Australian Construction Rebounds Sharply in Q1 2026, Snapping Previous Quarter’s Dip

Australia’s construction sector staged a strong rebound in the first quarter of 2026, with construction work done rising 3.4% quarter-over-quarter. The latest data, updated on 27 May 2026, mark a sharp turnaround from the fourth quarter of 2025, when the indicator had slipped by 0.1% compared with the previous quarter.

The comparison is made on a quarter-over-quarter basis, with the current 3.4% figure reflecting the change in construction activity in Q1 2026 relative to Q4 2025. By contrast, the earlier -0.1% reading showed that construction work done in Q4 2025 was slightly lower than in the preceding quarter.

The move from a marginal decline to solid growth suggests a notable recovery in building activity at the start of 2026. Market participants and policymakers are likely to watch subsequent releases closely to assess whether this momentum in construction can be sustained in the coming quarters.