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Date PostedJuly 12, 2018

Construction Industry is Busier than Ever in 2018

The construction industry has been busier than ever in 2018 with house building having grown at its fastest pace in 3 months in May. This created more work for tradespeople and their utes servicing the detached home sector.

For the 16th straight month, the construction industry has been growing and the Performance of Construction Index proves this, standing at 54 points last month. Although it was 1.4 points down from April, anything over 50 points is good news because it indicates expansion in the industry.

Housing construction has taken the lead over apartment construction while engineering construction also continued to expand.

House building expanded last month to 58.6 points, which was its highest level in 3 months.

Infrastructure projects being funded by government are also keeping tradespeople busy, according to statistics.

Find out more at https://www.afr.com/real-estate/plenty-of-work-for-tradies-and-their-utes-construction-grows-faster-in-may-20180606-h112l0

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.

Posted in Industry News Tagged with: , , ,

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