RESEARCH & ANALYSIS

Australian PCI: construction stable

Australian PCI: construction stable

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI) fell by 3.4 points to 50.6 in June, signalling stable or marginal growth in the national construction industry during the month.

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Material shortages a major challenge for road agencies

Material shortages a major challenge for road agencies

A major challenge facing road agencies is the increasing shortage of quality quarried materials and natural gravels for road construction and maintenance, according to a report published by Austroads.

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Outlining the progress of Australia's infrastructure reform

Outlining the progress of Australia's infrastructure reform

To further make the case for reform, Infrastructure Australia has released a new report titled Prioritising Reform, which reviews the progress made against the key recommendations in the 2016 Australian Infrastructure Plan.

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Infrastructure spending must keep pace with expanding needs: RBA

Infrastructure spending must keep pace with expanding needs: RBA

The Reserve Bank of Australia (RBA) has dismissed the notion that infrastructure spending will be the country's next 'engine of growth', picking up where the mining boom left off.

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SMEs confidence in construction is higher than ever

SMEs confidence in construction is higher than ever

The latest Westpac-Melbourne Institute SME (small and medium sized enterprises) Index shows that confidence in the construction sector (up 136.8%) is the highest at the moment, in stark contrast to 12-months ago when confidence was just below neutral (99.7%).

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Pipeline of major projects for Queensland on the rise

Pipeline of major projects for Queensland on the rise

The Queensland government has welcomed the release of the Queensland Major Projects Pipeline Report, which shows significant rise in major project work in the state.

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Construction activity is strongest in over a decade, according survey

Construction activity is strongest in over a decade, according survey

For the first time in over a decade, the future is looking very bright for global construction markets with synchronised activity upswing in Australia, the USA, Europe, Japan and China, according to Turner & Townsend's International Construction Market Survey 2018.

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April construction commencements surge 83% on March

April construction commencements surge 83% on March

Following on from what CoreLogic commercial research analyst Eliza Owen describes as "a relatively subdued quarter of activity in Q1 2018", the number of projects moving into construction surged over April.

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NSW retains top spot for construction sector performance

NSW retains top spot for construction sector performance

NSW has retained top spot on CommSec's economic performance report for April 2018 on five of the eight economic indicators, including construction work, retail trade, dwelling starts, equipment spending, and unemployment.

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Sydney's transport modelling 60 years out-of-date and flawed

Sydney's transport modelling 60 years out-of-date and flawed

Modelling used by the state government to forecast traffic flows when planning new transport infrastructure such as WestConnex, has not changed since the 1950 and is flawed, according to a leading traffic expert at the University of Sydney Business School.

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