There were 772 cranes working on key projects across Australia in Q1 2020, according to the Rider Levett Bucknall (RLB) Crane Index.
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COUNTING CRANES
RIDER Levett Bucknall’s Q2 2018 RLB Crane Index, released in April, reported a decline in the number of residential tower cranes in Australia. This is the first decline in residential cranes in three years, reporting a fall of 57 since its last publication. This drop is in line with the slowing of the residential sector over the last year; the value of residential building work has fallen by 2.4%.
Overall, a total of 684 cranes are currently on projects across Australia, only one crane down from the previous index, despite a 10% fall in the residential sector. RLB said the non-residential sector played a key part in off-setting the loss. Here, the index has risen from 117 in Q4 2017 to 166, a rise of 42% represented by an additional 56 cranes across the non-residential sectors.
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