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Date PostedAugust 10, 2016

Construction at A Ten Month High

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Good news for builders, the construction sector is enjoying its highest level of activity in 10 months in June. The sector swung from contraction in May to expansion in June 2016.

The Australian Industry Group’s Performance of Construction Index (PCI) rose 6.5 points to 53.2 points, anything over 50 points indicates expansion.

The growth in the index was reportedly  driven by the first increase in new orders in 8 months. Current activty and employment figures are also higher.

All 4 sub-sectors of the PCI recorded growth – even the previously struggling engineering sector.

 

For more go to: http://www.abc.net.au/news/2016-07-07/construction-sector-growth-hits-10-month-high/7575980

Steven Asnicar is regarded as a leader across many fields of industry. In particular, his specialisation across the health, infrastructure, construction, resource and utility sectors has seen him successfully change the dynamics of these industries through the introduction of new strategic, marketing, training and technical frameworks. Steven works closely with industry peak bodies such as Safework Australia, Australian Logistics Council, National Advisory for Tertiary Education, Skills and Employment (NATESE) and the Council of Australian Governments in the development of new delivery standards and industry specific programs.

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