Tasmania's construction boost bucks trend

Construction work in Tasmania has bucked the national trend - rising for the third consecutive quarter, according to figures release this morning.

The Australian Bureau of Statistics figures show that construction work jumped by 1.6 per cent in the June quarter in Tasmania in trend terms, following a rise of 2 per cent in the March quarter and 3.2 per cent in the December 2013 quarter.

In monetery terms, there was $593.3 million worth of construction work completed in the June quarter, compared with $536.4 million for the June quarter last year.

Nationally, the value of construction work done fell 1.1 per cent in trend terms in the June quarter.

Residential building work was up 3.6 per cent natinoally, while engineering work fell 3.1 per cent, while non-residential building work was down 0.2 per cent.


Discuss "Tasmania's construction boost bucks trend"

Please note: All comments made or shown here are bound by the Online Discussion Terms & Conditions.