Brickworks has developed industry property assets in conjunction with its partner the Goodman Group,[2] and possesses a long-standing investment in Soul Patts.

Brickworks was founded on 21 June 1934 in New South Wales in an effort to protect the Australian brick manufacturing industry from the impact of the Great Depression.

Part of this agreement was an imposed fee to cover marketing, distribution, and selling expenses of bricks and other clay products.

In 1939, during wartime, a strict price control on bricks and lending restrictions on cooperative societies was implemented, and the Brickworks Limited reverted to a public company.

In 1945, the government requirement to secure permits in order to construct a single unit dwelling place were finally lifted.

In 1959, Brickworks acquired large numbers of land and property to ensure the company had an abundance of raw materials and supply of resources for brick manufacturing.

[6] During this decade, Brickworks Limited launched a number of new products, converted sites, and rebranded some of the companies they owned, in response to an evolving market and changes in demand.

The 1st Governor Sandstock was produced, the new Austral Slick Brick was launched, and the Punchbowl site was converted into a terracotta tile operation.

[citation needed] At the start of the new millennium, the digital age inflicted a considerable impact on market behaviour.

[9] In 2011, Brickworks Limited continued to acquire companies, such as East Coast Masonry in Coffs Harbour and a timber mill and processing centre owned by Gunns Ltd.[10] southwest of Western Australia.

This same year, Brickworks Limited finally gains ownership of the remaining 50% of the share in their 50/50 joint venture with Daniel Robertson Australia Pty Ltd (which was established in 2006).

[13] In March 2016 Lindsay R. Partridge estimated that Brickworks Limited is importing about one million bricks from Spain a month due to a lower shipping cost, which might have undue consequences for its own employees.

[14] In October 2017, Brickworks acquired UrbanStone, a manufacturer of commercial and residential stone and concrete paving products, previously owned by Schaffer Corporation.

Southern Cross Cement has been granted approval for the construction of a circa $50 million cement import terminal in Brisbane[16] November 2018 saw the acquisition of Glen-Gery, the fourth largest brick manufacturer in the United States, which was the company's first major overseas investment.

[17] 2018 also saw the grand opening of the new Brickworks Design Studio in the Sydney central business district in Barrack Street.

[19] In 2020, Amazon announced plans to construct Australia's largest warehouse and distribution facility in land held by the Brickworks-Goodman Joint Venture Trust in the Western Sydney suburb of Oakdale West.

On 14.9 hectares, the 26-metre high-bay facility will comprise three mezzanine levels providing a total floor space of 191,170 sqm.

[24] Investments of the company represent 39% interest in Soul Patts and have provided a stabilizer to the often volatile Building Products earnings stream.

This branch is responsible for the operation of the company's 13 current brands of building products, including sourcing raw materials, manufacturing, warehousing, distribution and logistics, marketing, promotion, and sales.

[2] This branch is also responsible for research, development and design of new products to cater or serve the demands of the building industry and the market in general.

It provides a steady cash-flow stream via dividends that shelters the business during downturns related to the construction industry as well as the overall economy, allowing for long-term strategic decision making.