Construction activity fell in April, weighed down by a large fall in the building of apartments blocks, engineering projects and offices.
The Australian Industry Group/Housing Industry Association Performance of Construction Index fell by 3.1 points to 47 points in April, below the 50 level that separates expansion from contraction.
Ai Group director of public policy Peter Burn says construction activity is unlikely to rebound anytime soon.
"The Reserve Bank's further trimming of interest rates this week may stimulate activity somewhat but it is difficult to see why this additional reduction will be effective in lifting overall activity unless supported by a degree of budget stimulus next week," he said.
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