ECONOMY: Planes, trains and automobiles forecast to keep construction sector driving growth in the economy
July 10, 2017
Transport infrastructure construction will underpin broader building and construction
activity over the next four years according to Master Builders Australia’s latest Building and
Construction Industry Forecast.
support growth in transport related construction of 25.2 per cent this year and rise to 33
per cent in 2018,” he said.
forecast moderation in residential building activity predicted to commence in early 2018,” Matthew Pollock said.
third year in a row and, looking forward, new housing starts are forecast to average over
180,000 each year for the next four years,” he said.
120,000 new skilled jobs by 2020,” he said.
through this massive pipeline of publicly funded transport infrastructure projects to protect the community from being forced to pay up to 30 per cent more due to thuggery,
lawlessness and unlawful building union tactics,” Matthew Pollock said.
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