Victoria was the strongest state for construction work and the third strongest state overall, according to the latest CommSec State of the States report.
The report found construction work in Victoria is 21.9 per cent above its decade average, ahead of Tasmania (up 21.6 per cent), South Australia (up 21.3 per cent) and NSW (up 1.1 per cent).
Victoria has also improved its performance for relative dwelling starts – now 22.5 per cent above the decade averages. Australian Bureau of Statistics’ (ABS) data shows that over the last 12 months Victoria had more dwellings approved than any other state.
ABS labour force data released last week showed almost 25,000 new jobs were created in December 2021.
“We’re delivering the State’s biggest ever infrastructure agenda, building schools, hospitals, roads and rail while backing our economic recovery and creating more jobs,” Treasurer Tim Pallas said.
“These figures demonstrate the support we’ve provided Victorian businesses throughout the pandemic, we’ll continue to invest in projects and deliver a strong recovery.”
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