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1.Market Observations, 8.Was Sticky

8 Aug 2017 (AFR) – Construction speeds up in July at fastest pace in 12 years: commercial work jumps

(8 August 2017, AFR, p39, by Michael Bleby)

‘Construction activity expanded in July as commercial work grew at its fastest pace in 12 years and detached house building also sped up, the latest Performance of Construction Index showed on Monday. The monthly Ai Group/ Housing Industry Association survey of industry conditions rose 4.5 points to 60.5 points in July, the strongest pace of overall industry growth since the survey’s inception in September 2005.’

Read more at (might need AFR login access, or try:


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