Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Engineering weighs on construction in Oct

Engineering construction has slumped 13.7 points, leading the contraction in Australian construction activity for the month.

A big fall in engineering construction and apartment building has pushed the entire construction sector into contraction and a 20-month low in October.

The Ai Group and Housing Industry Association Performance of Construction Index (PCI) fell 5.5 points to 45.9 points in the month, from 51.8 points in August.

A level below 50 points indicates activity in the sector is winding down.

The biggest mover was engineering, which slumped 13.7 points to 44.3 points in October.

Ai Group head of policy Peter Burne said the construction sector slipped backwards in October with each of the four sub-sectors recording a decrease in activity for the month.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

"The decline of engineering construction into negative territory reflects the vulnerability of the sub-sector to the concentration of activity in transport infrastructure in the southeastern corner of the country," he said in a statement.

While the falls in residential building activity are coming from high levels, further easing is indicated by more falls in new orders in October, he said.

HIA senior economist Shane Garrett said the results provided further evidence that apartment building had peaked, and that the high-density sector was likely to see a considerable reduction in activity over the next few years.

"We expect that the reduction in house building over the coming years will be quite measured compared with the apartment segment," Mr Garrett said.


2 min read

Published

Source: AAP



Share this with family and friends


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world