Victoria’s engineering construction activity has broken records for being the highest state total on record, according to new Australian Bureau of Statistics data.
A major decrease in fatalities on roads across the nation is the lowest it has been since 2014.
New data has found Victoria’s engineering construction activity has increased almost 50 per cent in the past 12 months, with a total value of $14.7 billion in the year to the March quarter.
Australia has seen a 13-per cent rise in non-residential building approvals over the 12 months to April 2018, according to the latest Australian Bureau of Statistics on building approval.
Master Builders Australia says 2018 is shaping up to be the best year in a decade for commercial construction, based on the latest ABS building activity data.
New Australian Bureau of Statistics figures released this week show engineering construction has grown 39.8 per cent in Victoria since December 2014.