Front row seat to state’s construction windfall
When the rankings are released at this year’s SA Business Index lunch, one sector will be cheering on their continuing rise.
Photo: Tony Lewis/InDaily
The civil and construction sector, as a whole, is set to shake up the rankings in InDaily’s South Australian Business Index when it is announced next week.
Construction companies in the top two-thirds of the list have seen average revenue growth in FY23 of 23 per cent; individually growth ranged from 8 to 50 per cent over the preceding year.
All of these companies have also leapfrogged up the South Australian Business Index ranks, with one making it into the top 10.
Additionally, this year sees the debut of two privately owned construction companies – one at #64, the other at an impressive #42 – something that is sure to elicit cheers from their group.
The South Australian Business Index is the state’s most credible snapshot of our leading private and public companies and is based on independent research by partners Taylor Collison.
The top 50 not-for-profit organisations are also set to be announced, based on analysis provided by the Centre for Social Impact at Flinders University.
South Australia’s not-for-profit sector is not insignificant, accounting for around 3.8 per cent of economic output in 2021.
It is dominated by aged care, community services, community housing and disability services providers and is a major employer in the state.
Both rankings will be released at InDaily’s South Australian Business Index lunch and networking event on Friday, October 20 at the Adelaide Convention Centre.
It is an opportunity for the state’s business community to discover how the make-up of the Index has changed over the 12 months and discuss what it reveals about the state’s economic future.
This year’s event will also feature more time for networking, so don’t miss out.