Construction activity dipped in December, causing a decline in employment and straining profit margins, as the sector lost momentum towards the end of 2014.
Construction activity dipped in December, causing a decline in employment and straining profit margins across the building industry.
The drop in work followed a similar contraction in new jobs and profit margins recorded in November, according to the Australian Industry Group and Housing Industry Association’s monthly Performance of Construction Index, released on Friday.
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Rebecca Thistleton writes on Real Estate specialising in Residential, Development, Commercial. Rebecca is based in our Sydney newsroom. Connect with Rebecca on Twitter.
