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Victoria leads national construction activity for the first half of 2016

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Posted by Monica Gameng

The State of Victoria is officially leading Australia’s construction industry for the first half of 2016, with a 9.8 per cent (approximately $939 million) increase in activity while the rest of the country saw a decrease by 10.6 per cent.

“Victoria continues to lead the nation – with population growth, employment, construction activity and economic indicators all reinforcing the work of the Andrews Labor Government delivering economic growing infrastructure," said Treasurer Tim Pallas. 

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During the same period, activities in Western Australia decreased by 39.5 per cent while Queensland’s and Tasmania’s construction activities went down by 6 per cent and 4.2 per cent respectively.

The latest figures that Australia Bureau of Statistics released shows that Victoria’s construction activity gained significant momentum during the second quarter with a 5.2 per cent increase, following the increase in March (1.4 per cent). On the other hand, there was a decrease by 3.7 per cent nationally.

The data released confirmed the increase in construction activity for four consecutive quarters for Victoria. This increase was driven by detached residential housing and engineering construction, fuelled by the State’s population growth as well as the Andrews Labor Government’s strong infrastructure pipeline.

“These figures reaffirm the demand across the state for commercial, public, and residential infrastructure to cater for Victoria’s increasing popularity as Australia’s destination state and the place to do business” said Treasurer Tim Pallas

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Source: Premier of Victoria

Monica Gameng

Monica Gameng

As PlantMiner's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1000 posts. She truly is an industry expert. Monica's passion for educating and inspiring readers saw the PlantMiner blog recognised by Feedspot as one of the Best Australian Construction Blogs in 2018 and 2019. PlantMiner is Australia's largest online construction marketplace. Sign up as a vendor to find and engage with civil and commercial contractors across Australia. Alternatively, if you're looking for plant and equipment you can compare equipment and subcontractor quotes from vendors near you in just a few steps.