Under the active activity in home building and reasonably strong civil sector, recruitment outfit Hays says the building sector will create more employment opportunities.
“Australia’s construction industry remains one of the country’s strongest economic drivers, with continued staffing demand and vacancy activity- although levels of activity do vary based on location,” the report read. “In general, the demand for residential dwellings remain high and consequently the supply and demand ration has tipped in favour of Project Managers, Construction Manager and Contract Administrators.”
New South Wales is taking the lead, where Hays says strong pipeline of residential, office and retail projects and school and hospital refurbishments are boosting the economic growth in the city. NSW civil market is expected to strengthen with the establishment of the projects, such as the Sydney Metro, Sydney Light Rail and Parramatta Light rail move.
Australian Capital Territory also delivers strong market performance where the salaries are rising with the major projects, such as the $700 million light rail project and residential work. A strong civil market is driven by land releases, subdivision and road duplications, while the residential markets are promoted by town hosues and small unit developments.
Victoria is taking up with general commercial, residential apartments, aged care and education facilities.
In Queensland, Brisbane shows strength in the domestic market with a number of land releases. Retail upgrades and school packages are also reported to boosting the commercial sector.
In total, the construction sector has reached an employment of 1.0996 million and 22,400 jobs were created last year.