National Pump and energy
HomeMining Industry News Construction sector still in contraction even as building approvals jump on apartments

Construction sector still in contraction even as building approvals jump on apartments

Tuesday 10th of January 2017 11:28:24 AM



In November last year building approvals increased by 7% which was driven by a rise in apartments and units, which jumped 17.3%.

Bureau of Statistics data showed 17,569 dwellings were approved in total, with apartments and townhouses making up 7,966 of the total.

Data on the apartment sector is volatile, with large projects skewing data up and down from month to month.

In the more stable trend data, approvals fell 2.9 per cent November, down for the sixth consecutive month, with analysts again noting an oversupply of apartments in Brisbane and Melbourne.

Dwelling approvals fell in the Northern Territory, New South Wales, Queensland, the ACT, Victoria and South Australia.



Read Full Story Here

Recent Related News

Y Fronts teaser banner MiningLink prefered resume writers Civil Link Banner
Kalgoorlie Skilled Trades Rigger Leading Hands Ta
Seeking expressions of interest from applicants based in Kalgoorlie for local shutdown and maintenance works with Linkforce Engineering.

Underground Driller
We currently have opportunities for experienced Underground Diamond Drillers on a 2:1 roster with immediate start! Your duties will include, but not be limited to – Maintain all the equipment to the highest of standards Liaising with clients’ needs Supervising drill crew worki

Underground Drillers Offsider
New Year! New Opportunities! New Job! Looking for your entry into the mining industry? Underground Driller Offsiders required for long term roles! Details of role: Immediate start FIFO ex Perth Full Certified Training Provided Long Term positions available

Drillers Offsiders
Permanent Drillers Offsiders urgently required!! Drilling certifications all paid for! Full training offered 4:2 rosters available $31.50ph Various sites across WA Our client is looking for people from a heavy labouring background who would like a long term career wi

Poly Welder
We are currently seeking experienced Kalgoorlie based Poly Welders for mining shutdown and maintenance works. Apply now!

Queensland Laws Passed 'to End Glencore, QCoal Mine Dispute'
Hundreds of mining jobs have been saved by new laws rushed through Queensland Parliament, the Palaszczuk Government says, but a mine owner is adamant they reward a multinational company that has done ....

Fortescue To Pay Off Another $US1bn Debt
Iron ore miner Fortescue Metals Group is capitalising on continuing strong prices to pay off another $US1 billion ($A1.3 billion) of debt. Read Full Story Here

Government Agencies Call For More Detail About Plan To Reopen Broken Hill's North Mine
Government agencies are calling for more information before they support a plan to reopen Broken Hill's North Mine, including further details on potential health effects. Read Full Story ....

Entries Open For The Smart Ideas Competition, Part Of The Hunter Innovation Festival
If you have a product, service or simply a concept that can benefit the Hunter, now is the time to voice it. Read Full Story Here

Daracon To Clean Up Last Piece Of Former BHP Site In $21m Remediation Project
Hunter Development Corporation has signed off on the clean up of the final piece of the former BHP steelworks site – a $21 million project that when finished will close a chapter in ....

Downer Group