The ABS preliminary construction work done data released today were encouraging, with a continuation of growth in construction work done, largely associated with the resources boom:
Data on housing construction in States other than Queensland were less encouraging as noted in a media release sent around today by the Housing Industry Association (HIA), which observed:
Residential building work done fell in five out of six states in the June 2012 quarter, Queensland providing the exception.
The two-speed economy persists.
