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Queensland building industry ‘enters positive territory’

Queensland building industry ‘enters positive territory’

Residential building activity is set to improve in 2013.

Queensland’s construction sector is positioned for growth over the next 12 months, with the 2013 outlook pointing towards an industry recovery.

That’s the assertion made by the latest quarterly Survey of Industry Conditions by Master Builders – a report that provides regional snapshots for the December quarter.

Paul Bidwell, Master Builders director of housing, said while conditions were still tough for many building companies, resource rich pockets of the state emerged from 2012 in positive territory.

“Mackay and Whitsunday, Central Queensland and Darling Downs and south-west Queensland were once again very solid performers,” Master Builders director of housing policy Paul Bidwell said yesterday (February 19).

“This positive outlook confirms our view that 2013 will be a good year for Queensland’s building industry, particularly the housing sector.”

With conditions expected to improve over the coming year, increased activity in the state’s construction sector may boost opportunities for apprenticeships in Queensland.

North Queensland businesses recorded a significant improvement in turnover, along with the Mackay and Whitsunday regions and Central Queensland.

The report identified a low level of demand as the biggest challenge facing business growth in the building sector.

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