Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Monday, 14 October 2019

Brisbane jackhammers

Jackhammers

It's all happening in Brisbane CBD...there's not too much downing of tools or time for smoko around here at the moment!

The 30-second video below should give you the gist:


So while residential construction is now slowing towards multi-year lows, there's plenty happening in the commercial and infrastructure space. 

One of the major broadsheets reported this week on its front page that traffic controllers on the Queen's Wharf project are set to earn more than $194,000 per annum, including 10 hours per week of paid overtime.

Meanwhile, including overtime carpenters are expected to earn around $240,000 per year for a 46-hour week. 

All of which will feed itself back into Brisbane's economy over the next few years.

We looked at some of the major projects and what they might mean for Brisbane at our buyer's agency website here