In the past couple of years construction sector pundits have jumped the gun when anticipating the launch date of a sustained recovery. All the stars must align before a project switches from unviable to viable and for many. We are just not there yet, although there are a few factors that weigh heavier on the positive side of the viability ledger, including falling inflation, interest rate cuts, stable materials prices, softening labour market, and a more favourable regulatory environment.
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