Reserve Bank of Australia Headquarters Refurbishment
Sector: Steel • Location: Sydney, New South Wales, Australia
Source: Bloomberg
The Reserve Bank of Australia is refurbishing its 1960s-era Sydney headquarters. The project began in 2018 with renovation work starting in 2020. During renovation, vast amounts of asbestos were uncovered, requiring the building to be stripped down to its steel frames. This has caused the projected cost to increase almost fivefold and extended the timeline for staff to return until at least 2031.
- Status
- Under Construction
- Sector
- Steel, Government, Commercial, Metal
- Location
- Sydney, New South Wales, Australia
- Updated
- 22 Jul 2026
- Source
- Bloomberg
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Project Information
Participants
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Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Reserve Bank of Australia is refurbishing its 1960s-era Sydney headquarters. The project began in 2018 with renovation work starting in 2020. During renovation, vast amounts of asbestos were uncovered, requiring the building to be stripped down to its steel frames. This has caused the projected cost to increase almost fivefold and extended the timeline for staff to return until at least 2031. |
Original sector | Infrastructure |
Budget |
Location
Country | Australia |
State | New South Wales |
City | Sydney |
Source
Source | Bloomberg |
URL |
More Details
Record type | Project |
Sector | Steel, Government, Commercial, Metal |
Article published date | 2025-09-16 |
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