MANAGEMENT

Construction woes continue

TURNOVER in major construction work is expected to continue to decline in to 2016 according to a Construction Outlook Survey released by the Australian Industry Group and Australian Constructors Association for May.

Mining Monthly Magazine
Major construction work is expected to drop at a steep rate of 4.3% in 2015 followed by a further 1.7% fall in 2016.

Major construction work is expected to drop at a steep rate of 4.3% in 2015 followed by a further 1.7% fall in 2016.

According to the survey, the country’s leading construction companies are forecasting a further slump in engineering and non-residential building activity through 2015 and 2016 due to the winding back...

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