The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 1.8 points to 45.6 in March 2019, indicating a slight easing in the construction industry’s aggregate rate of contraction (readings below 50 indicate contraction in activity, with the distance from 50 indicating the strength of the decrease).
Does the future of intricate architectural bricklaying sit with augmented reality?
“Access to finance continues to constrain lending for the purchase of a new home,” said Tim Reardon, HIA’s Chief Economist.
“Master Builders welcomes Labor’s commitment to help train 150,000 extra apprenticeships in areas of skill shortage (as is the case in building and construction) and 10,000 young Australians to do a pre-apprenticeship program but seeks more of a focus and investment in not for profit registered training organisations as well as TAFE,” Denita Wawn, CEO […]
Major demolition work is underway as part of Stage 3 of the Victorian Government’s redevelopment of Melbourne Park, the home of the Australian Open.
Two major construction firms have been shortlisted to deliver the first package of works on the North East Link, as the biggest road infrastructure project in Victoria’s history moves another step closer to construction.
Both major parties need to re-commit to policy agendas for economic growth following the worse than expected performance by the Australian economy in the closing months of last year (2018),” said Denita Wawn, CEO of Master Builders Australia.
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 0.7 points to 43.8 in February 2019, indicating a slightly slower rate of decline for the construction industry on aggregate (readings below 50 indicate contraction in activity, with the distance from 50 indicating the strength of the decrease).
More than 200 local jobs, extra flights and greater tourism activity are expected to flow from a $50 million investment in Townsville Airport by the Australian Government.
The February 2019 edition of The Fence magazine is out now!