• Construction work done in Australia climbs 1.6% in the second quarter

Market news

26 August 2015

Construction work done in Australia climbs 1.6% in the second quarter

The Australian Bureau of Statistics released its construction work done figures on Wednesday. Construction work done in Australia climbed 1.6% in the second quarter, beating forecasts of a 1.5% drop, after a 0.8% decrease in the previous quarter. The first quarter's figure was revised up from a 2.4% decline.

The seasonally adjusted estimate of total building work done fell 2.6% in the second quarter.

On a yearly basis, total construction work plunged 3.3%.

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