Wednesday, 25 November 2020

Construction still slowing

Fewer new apartments

The construction work done on new attached dwellings continued to decline in each of the major states in the September 2020 quarter.


Since peaking in 2016 activity in new attached dwellings has now declined by 29 per cent.


Engineering construction also slowed in the September quarter, largely due to the Victorian economy being closed, while activity in New South Wales was also down. 

Notably mining activity in Western Australia finally bottomed out in 2019, and is now trending higher.


Overall construction work done dropped -2.6 per cent in the quarter to $51.2 billion, to be 4.2 per cent lower year-on-year.

There is, however, now a huge amount of property stimulus in the pipeline, so construction and renovations work will likely pick up strongly in 2021, especially for new houses.

More from data guru James Foster here

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Deaths in Australia continue to run below historic minimums, despite the strong population growth seen over the past five years. 


Source: ABS

Deaths from respiratory diseases have been below historic minimums since June 9, according to the ABS.