Thu 03 Oct 2019

According to figures released by Master Builders Australia, the volume of engineering construction work completed in Australia during the June 2019 quarter in Tasmania fell 12.7 per cent compared to a national drop of 0.9 per cent.

The figures found the national volume to be 15.4 per cent lower than the same period in 2018.

“The amount of engineering construction work done is well down on a year ago with the building and construction industry still waiting for the green light on key infrastructure projects,” said Shane Garrett, Chief Economist of Master Builders Australia. 

“Master Builders continues to call for the construction of infrastructure projects to be fast-tracked,” he said.

“The heavy volume of new infrastructure project announcements over recent times is very welcome, but today’s figures confirm that there are significant blockages in the way of getting project work started on the ground which must be addressed.

“With the pace of economic growth at its weakest in a decade, the prompt delivery of new infrastructure is vital for getting us all moving in the right direction.”

Master Builders Australia CEO Denita Wawn said all levels of government needed to step in in order to speed up infrastructure projects.

“Tackling the blockages and obstacles in the way of infrastructure projects is an issue which must be prioritised by all levels of government,” Ms Wawn said.

During the June 2019 quarter, the largest decline in engineering construction work done affected the ACT (-13.1%) followed by Tasmania (-12.7%) and the Northern Territory (-11.6%). There were also falls in South Australia (-5.8%), Queensland (-5.1%) and Victoria (-4.8%).

Over the same period, both Western Australia (+10.3%) and New South Wales (+3.2%) saw gains in the volume of engineering construction work done.