24420 – APN Enabling Infrastructure Index™

APN Codex Node 24420 24400 Series — APN Future Development Pipeline Index™ Certified

APN Enabling Infrastructure Index™

Terminal
Q2 2026
N
156
Current Z
−0.1209σ
Status
Certified
1Node Definition

This node reads growth in public-sector delivery of the enabling infrastructure — roads, water, sewerage and electricity connections — that new housing developments depend on to proceed. It is a component of the APN Future Development Pipeline Index™ (24400).

Scope under review

This sub-index’s original scoping looked to project-level infrastructure pipeline registers. Its current construction instead reads aggregate public-sector engineering spending, a broader but more consistently available measure. It was formerly published as APN Infrastructure Uplift Multiplier™. Its final scope and data sourcing remain under review and may change in a future update.

2Metric Definition

Primary metric: Public-Sector Enabling Infrastructure Work Done, Year-on-Year Change, Z-Score

Z-Score Construction
Current (Q2 2026)−0.1209σ
XtYear-on-year change in public-sector work done on roads, water, sewerage and electricity, +4.26%
μ, σBaseline mean and sample standard deviation, 2011–2025 (6.08%, 15.06)

The four infrastructure types are combined before the growth rate is taken, then standardised against this node’s own history. The figures are nominal (not adjusted for construction price inflation), so part of any reading reflects price growth in the sector as well as the physical volume of work done.

Position: 43.9, ranked against 156 quarters of this node’s own history.

3Data Sources

Australian Bureau of Statistics, Construction Work Done, public-sector engineering construction, roads, water, sewerage and electricity generation/transmission/distribution, original terms, current prices.

4Analytical Interpretation

At −0.1209σ, growth in enabling infrastructure delivery is running slightly below its long-run norm, in the lower-middle of its 156-quarter history. Delivery grew 4.26% year on year. Electricity work remains the drag: it makes up 20.1% of the four infrastructure types at the current quarter, close to its typical 21.1% share, but it fell 5.8% over the past year while roads, water and sewerage combined grew 7.1%. Excluding electricity, this node would read at its norm, +0.03σ rather than −0.12σ.

5Reading History
APN Enabling Infrastructure Index™ (24420) · Reading History
Node Z-Score by Quarter, March 2011 to June 2026
−0.1209σ · position 43.9, ranked against 156 quarters
Reading, ranked quartersNormal range (middle 80% of ranked quarters)Current reading

The June quarter 2026 reading, −0.1209σ, ranks 43.9 against 156 quarters and sits inside the normal range of −1.0629σ to +1.2731σ. The highest ranked reading was +2.4215σ in the September quarter 2008, and the lowest −1.9595σ in the September quarter 2014. The ranking also counts the 94 quarters from the September quarter 1987 to December 2010, before the drawn window; every quarter is listed in the data table. It enters APN Future Development Pipeline Index™ (24400) with its sign reversed, so a higher reading here lowers that index.

Show the data
QuarterReadingBasis
Q3 1987−1.5961σRanked
Q4 1987−1.2949σRanked
Q1 1988−1.1503σRanked
Q2 1988−0.4897σRanked
Q3 1988+0.0333σRanked
Q4 1988+0.1274σRanked
Q1 1989−0.2016σRanked
Q2 1989−0.3985σRanked
Q3 1989+0.9210σRanked
Q4 1989+0.4100σRanked
Q1 1990+0.7008σRanked
Q2 1990+0.8851σRanked
Q3 1990+0.2408σRanked
Q4 1990+0.7063σRanked
Q1 1991+0.0650σRanked
Q2 1991+0.0744σRanked
Q3 1991−0.3438σRanked
Q4 1991−0.4886σRanked
Q1 1992−0.6538σRanked
Q2 1992−0.6406σRanked
Q3 1992−0.8163σRanked
Q4 1992−0.3428σRanked
Q1 1993+0.6545σRanked
Q2 1993+1.7859σRanked
Q3 1993+0.8864σRanked
Q4 1993−0.3719σRanked
Q1 1994−0.2707σRanked
Q2 1994−1.2442σRanked
Q3 1994−0.9906σRanked
Q4 1994−0.6969σRanked
Q1 1995−0.8289σRanked
Q2 1995−0.5226σRanked
Q3 1995−1.2808σRanked
Q4 1995−0.4571σRanked
Q1 1996−0.6330σRanked
Q2 1996−0.7101σRanked
Q3 1996−0.7273σRanked
Q4 1996−0.6324σRanked
Q1 1997−0.7682σRanked
Q2 1997−0.2455σRanked
Q3 1997+0.5671σRanked
Q4 1997+0.5890σRanked
Q1 1998+0.8860σRanked
Q2 1998−0.1474σRanked
Q3 1998+0.1725σRanked
Q4 1998−0.0590σRanked
Q1 1999+0.1631σRanked
Q2 1999+0.9114σRanked
Q3 1999+0.2526σRanked
Q4 1999+0.6955σRanked
Q1 2000+0.9603σRanked
Q2 2000+0.4420σRanked
Q3 2000+0.6712σRanked
Q4 2000−0.6592σRanked
Q1 2001−1.0711σRanked
Q2 2001−0.9980σRanked
Q3 2001−0.9536σRanked
Q4 2001−0.0814σRanked
Q1 2002−0.9526σRanked
Q2 2002−0.9447σRanked
Q3 2002−0.2124σRanked
Q4 2002+0.1838σRanked
Q1 2003+0.4056σRanked
Q2 2003+0.3532σRanked
Q3 2003−0.1104σRanked
Q4 2003−0.9384σRanked
Q1 2004+0.0087σRanked
Q2 2004+0.3576σRanked
Q3 2004+1.0259σRanked
Q4 2004+0.8921σRanked
Q1 2005+0.6499σRanked
Q2 2005+0.7260σRanked
Q3 2005+0.6461σRanked
Q4 2005+1.2401σRanked
Q1 2006+1.2875σRanked
Q2 2006+1.1372σRanked
Q3 2006+1.1319σRanked
Q4 2006+1.1421σRanked
Q1 2007+1.9954σRanked
Q2 2007+1.1160σRanked
Q3 2007+1.8050σRanked
Q4 2007+2.1572σRanked
Q1 2008+2.1374σRanked
Q2 2008+1.9783σRanked
Q3 2008+2.4215σRanked
Q4 2008+1.6863σRanked
Q1 2009+0.1315σRanked
Q2 2009+0.5828σRanked
Q3 2009+0.0397σRanked
Q4 2009−0.5899σRanked
Q1 2010−0.2649σRanked
Q2 2010−0.1861σRanked
Q3 2010−0.7323σRanked
Q4 2010−0.4675σRanked
Q1 2011−0.0868σRanked
Q2 2011+0.2297σRanked
Q3 2011+0.0501σRanked
Q4 2011+0.3703σRanked
Q1 2012−0.2295σRanked
Q2 2012+0.4961σRanked
Q3 2012+0.1368σRanked
Q4 2012−0.3546σRanked
Q1 2013−0.2896σRanked
Q2 2013−1.2615σRanked
Q3 2013−1.3588σRanked
Q4 2013−1.2268σRanked
Q1 2014−1.4232σRanked
Q2 2014−1.7157σRanked
Q3 2014−1.9595σRanked
Q4 2014−1.4587σRanked
Q1 2015−0.9327σRanked
Q2 2015−0.8520σRanked
Q3 2015−0.5329σRanked
Q4 2015−0.4485σRanked
Q1 2016−0.4742σRanked
Q2 2016−0.0508σRanked
Q3 2016−0.5430σRanked
Q4 2016+0.0772σRanked
Q1 2017−0.0332σRanked
Q2 2017+0.3941σRanked
Q3 2017+1.5030σRanked
Q4 2017+0.1578σRanked
Q1 2018+1.0122σRanked
Q2 2018+0.8343σRanked
Q3 2018+0.1406σRanked
Q4 2018−1.0547σRanked
Q1 2019−1.7574σRanked
Q2 2019−1.7850σRanked
Q3 2019−1.4321σRanked
Q4 2019−0.0776σRanked
Q1 2020−0.2156σRanked
Q2 2020−0.1656σRanked
Q3 2020−0.1617σRanked
Q4 2020−0.6300σRanked
Q1 2021−0.7540σRanked
Q2 2021−0.0026σRanked
Q3 2021+0.3152σRanked
Q4 2021+1.1444σRanked
Q1 2022+2.3466σRanked
Q2 2022+1.7634σRanked
Q3 2022+1.7560σRanked
Q4 2022+1.3271σRanked
Q1 2023+1.2810σRanked
Q2 2023+1.0714σRanked
Q3 2023+1.4318σRanked
Q4 2023+1.2652σRanked
Q1 2024+0.6688σRanked
Q2 2024+0.6184σRanked
Q3 2024+0.9448σRanked
Q4 2024+1.2396σRanked
Q1 2025+0.6610σRanked
Q2 2025+0.1136σRanked
Q3 2025+0.1487σRanked
Q4 2025−0.2306σRanked
Q1 2026−0.3268σRanked
Q2 2026−0.1209σRanked
6Certification Statement

Node 24420 holds Active status. The certified Z-score is −0.1209σ (Q2 2026, N=156). As noted in Section 1, its scope and data sourcing remain under review and may change in a future update, which would not affect the certification of the current reading.