"While there are still plenty of projects in the pipeline, the number of new ones isn't enough to offset those being completed," Mr Pickering said.
However, Mr Pickering notes there is a saving grace for construction workers; they tend to be far more flexible, and their skills more transferable, than workers in other sectors. Commodities: Brent oil -0.3pc at $US60.22/barrel; Gold -0.7pc at $US1,488/ounce; Iron ore $US95.50/tonne
Losses of life? Or losses of jobs to locals rather than modern slavery?
NSW government doing its bit, pulling down functioning stadiums for redevelopment and building appartment blocks that can't be lived in.
Very much higher I’ve never seen so many tradies around town in my life. When construction comes off it will be a disaster. You can’t pump prime an economy forever, interest rates have hardly any room left to move. Even the RBA are panicking.