Unlike the rest of Australia, construction activity increased in Queensland in the March quarter. This was due to heavy, so-called engineering construction, no doubt resources sector-related, as residential and non-residential building activity (i.e. houses, flats, office buildings, shopping centres, etc) continues to languish (see chart below based on yesterday’s ABS data).
Queensland is now ahead of WA in engineering construction, most likely because of the massive capital investment associated with building the LNG plants up at Gladstone (see chart below).
In fact, as MacroBusiness’s useful State comparison chart shows, Queensland now leads Australia in total construction activity (see Mining investment has peaked).