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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).

“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 […]

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).

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