Original article by Michael Roddan
The Australian – Page: 2 : 28-Feb-19

Data from the Australian Bureau of Statistics shows that construction activity fell by a higher-than-expected 3.1 per cent nationwide in the December quarter, with housing construction falling by 3.6 per cent. The decline in construction work is likely to weigh on GDP growth for the quarter, which may in turn affect economic forecasts in the federal government’s April 2019 Budget. Growth forecasts had already been scaled back in the mid-year Budget update.

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