- Construction is king: Double-digit revenue gains were recorded in nearly every state last Christmas, led by Victoria (+21.4%) and Queensland (+20.3%), reflecting strong demand for renovations and building work.
- Utilities surge: Electricity, gas, and water revenue jumped 30% in Tasmania and Victoria, and 23% in the ACT, pointing to infrastructure and energy investment.
- Resources and finance strong: Western Australia (+13.2%) and South Australia (+14.5%) saw robust growth in resource-linked sectors, while property and financial services rose sharply in the Northern Territory and Tasmania.
- Retail steady: Retail and hospitality recorded moderate growth, with Victoria topping out at +10.1%.
The festive uplift comes amid softer construction trends nationally. ABS data shows dwelling commencements fell 4.4% in the June 2025 quarter, with detached house starts down 6.4%. Despite the slowdown, more than 223,000 dwellings remain under construction – supporting ongoing demand for trades through next year.
