Housing drives lift in Q2 construction activity

Wednesday 22 August 2018

The ABS has released data on the value of construction work done for the June quarter of 2018, which registered a 1.6% seasonally-adjusted rise in total construction activity over the quarter but a 0.1% decrease over the year:

The result beat analysts expectations of a 0.8% increase in construction activity over the quarter.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.