A report from the Sydney Morning Herald shows that the March quarter of 2014 has seen a rise of 0.3% in construction work.
Tom Kennedy from JPMorgan said there are some "encouraging signs that we are seeing a rotation away from resource-sector led investment and building work toward the residential component."
Is the Aussie economy rebalancing itself away from mining investment? It will be very interesting to see the next quarter's results.
Read more here.
Read more here.
