Construction continues crashing: Pete Wargent

Construction continues crashing: Pete Wargent
Pete WargentDecember 17, 2020

RBA liaison believes it can see through the downturn in construction to the other side.

Below Scutty reports on the latest AiG construction index gauge:

Apartments (37), engineering (33.3) and commercial (43.7) all came in with very contractionary readings. 

Perhaps house building is due to lift soon, but otherwise, it's another stinker.

PETE WARGENT is the co-founder of AllenWargent property buyers (London, Sydney) and a best-selling author and blogger

Pete Wargent

Pete Wargent is the co-founder of BuyersBuyers.com.au, offering affordable homebuying assistance to all Australians, and a best-selling author and blogger.

Editor's Picks

Bradmill Quarter: Bringing community and amenity to life in Yarraville
Orchard Piper secures $20m record-breaking penthouse sale at One Toorak Place
UEM Sunrise kicks off registrations of interest at One Oval, new Subiaco apartment development
"One of the rarest finds on the Mornington Peninsula": Inside Hali Dromana
BLVD pursues WELL Certification as demand for healthy homes grows