Total construction work done in Australia fell 2.5% in the last quarter of 2016

Market news

22 February 2017

Total construction work done in Australia fell 2.5% in the last quarter of 2016

The trend estimate for total construction work done fell 2.5% in the December quarter 2016.

The seasonally adjusted estimate for total construction work done fell 0.2% to $46,263.5m in the December quarter.

The trend estimate for total building work done fell 0.6% in the December quarter.

The trend estimate for non-residential building work done fell 1.7% and residential building work was flat.

The seasonally adjusted estimate of total building work done rose 1.3% to $26,695.2m in the December quarter.

Deutsche Bank says ECB taper is not necessarily bullish for EUR

Australian Wage Price Index rose 1.9 per cent through the year

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