hifg secretariat department of housing and works office policy planning 108 adelaide terrace east perth wa 6004 tel 9222 4960 fax 4979 e mail stewart darby dhw gov au western australian industry projections for 2004 05 2005 06 october 2 page left intentionally blank 1 executive summary the forecasting group is pleased to publish its fifth annual outlook on prospects residential sector in australia over next two financial years this report will be updated with a mid year review april that reassess light latest information addresses major sectors particular attention given dwelling commencement forecasts primary focus many government economic importance recent activity s land development industries have now experienced buoyant period past three has led lengthening pipeline substantial backlog