Master Builders up-beat about construction outlook
Master Builders says it is confident 2013 will be a good year for the local construction industry
New figures from the Australian Bureau of Statistics show a 53 per cent drop in building approvals between December and January in the Mackay-Whitsunday area.
There were 130 approvals in January, down from 279 in December.
However, Master Builders' regional manager Malcolm Hull says that is still up more than 8 per cent on the same time last year.
He says residential construction is not the only area showing positive signs.
"One of the good things we're starting to see in our region as well is we're starting to see a positive mood in the commercial sector," he said.
"The commercial sector has been suffering for a while but we're starting to see some multi-rises happening.
"We've got hotels, a number of high-rise cranes happening here, so that's great news as well."
He says there is still some uncertainty in the market.
"There's the longest election campaign that any of us have ever seen in our lifetime and election campaigns traditionally have an effect on consumers as they don't like spending when it's happening," he said.
"So we don't know what effect that's going to have on our industry.
"We're hoping it doesn't have any but we honestly don't know what effect it will have."comments powered by Disqus