Australia, 01 May, 2025 — Australia’s construction industry continues to show resilience amid persistent economic headwinds—from rising construction costs and interest rate pressures to the lingering effects of the COVID-19 pandemic. Against this backdrop, the highlights the firms shaping the nation’s built environment.
Now in its fourth year, the annual report—compiled by BCI Central, powered by Hubexo—ranks Australia’s top construction firms by the total value of projects that commenced in 2024.
Based on live construction data tracked by BCI across thousands of projects, the report captures activity across sectors including commercial, community, industry, legal and military and multi-residential.
This year’s top 10 builders collectively delivered 272 projects valued at $18.6 billion, demonstrating the sector’s ongoing capacity for large-scale delivery in a volatile climate.
BESIX Watpac leads the League with more than $3.45 billion in commencements across just 11 projects—averaging $314 million per build. In second place, Built continues its national dominance, launching 72 projects totalling $3.02 billion.
Other high-performing firms include Multiplex and Hutchinson Builders, each sustaining strong project pipelines across both metropolitan centres and emerging markets. Hickory, Kane Constructions and Richard Crookes made notable climbs into the top 10 this year, while ADCO, FDC, and Icon retained their top 10 positions—each surpassing $1 billion in project commencements.
“While economic pressures persist, these rankings highlight the strategic focus and adaptability of Australia’s leading builders,” said Ashleigh Pattison, Director of Project Content APAC at Hubexo — BCI Central’s parent company. “There’s a clear shift toward high-value, complex builds—delivered at scale.”
Together, the top 50 builders commenced $33.17 billion in projects—down from $36.1 billion in the 2024 League, but still a commanding contribution to national development.
“The League underscores construction’s vital role in driving employment, infrastructure and economic stability,” said Ashleigh Porter, President, APAC at Hubexo. “These firms continue to lead through uncertainty with innovation and delivery strength.”
“In my recent discussions with the leaders of Australia’s top construction firms, one thing has been clear, success hinges on creating certainty—for their teams and their clients—by getting involved earlier, sharing experience and managing risk collaboratively from day one.”
“The firms at the top of the 2025 League are not just those launching the most projects—they are the ones that are best positioned to thrive in the new construction economy. In today’s landscape, real-time insight is no longer a luxury—it’s a baseline requirement.”