Australian construction activity up 0.1% in June quarter

Australian construction activity remained stable in Q2 2024, with a slight 0.1 per cent increase compared to Q1, according to the Australian Bureau of Statistics (ABS) on Wednesday.

The rise was primarily due to a 0.5 per cent increase in engineering work during the June quarter, marking a 4.8 per cent growth compared to the previous year.

Conversely, building work fell by 0.3 per cent, showing a 1.8 per cent decrease from the same period last year.

Attribution: Australian Bureau of Statistics report

Subediting: M. S. Salama