AUSTRALIA

Resources construction tipped to fall

INDUSTRY analyst and economic forecaster BIS Shrapnel says the 12-year boom in engineering construction has come to an end due to declining investment in mining projects.

Noel Dyson

According to the group's new civil construction report, work will rise 11% over 2012/13 to $A128 billion, but aggregate activity is then expected to slip 5.4% next financial year. This will be the first...

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