Incolink

Incolink Quarterly Industry Snapshot

Posted on Feb 09, 2021

Welcome to the first Incolink Quarterly Construction Industry Snapshot. As the safety net for construction, we’re providing Employer Members and Industry Stakeholders with a comprehensive economic productivity overview for our industry.

The Incolink Industry Snapshot will cover everything from economic profiles to apprenticeship figures. We hope you find this insight valuable in planning and decision making throughout the year as we bounce back from the impacts of the Coronavirus pandemic.

Download the report below.

In this edition:

  • BCI Outlook by construction sector: Overall: 26% decrease projected in the value of total construction starts for Victoria (year ending March 2021 compared to year ending March 2020)
  • Industry confidence: Property industry confidence has rebounded strongly, from 64 points to 115 on the index (Neutral Confidence = 100).
  • Employment: Total number of payroll jobs in the Victorian construction industry have decreased 19.6% since March 2020
  • Apprentices and trainees: There was a decrease in the number of construction trades apprenticeships commenced in the year ending June 30, 2020 compared to the previous year - in Victoria (9,780 compared to 10,180).
  • Building activity: There was an 8.6% increase in dwelling approvals for December (seasonally adjusted), after a 4.6% fall in November.

Download the report below.

Any questions about the report or to suggest additional metrics for future reports, contact Benjamin Maxfield - Business Development Manager benm@incolink.org.au.

Share Article

Subscribe

Sign up to stay up to date with Incolink

Other news you might like

Sep 16, 2021

Construction workers to require COVID-19 Vaccine from 23 September 2021

The Victorian Government has today announced important changes to operations in the construction industry. In order to continue working, construction worke...

Read more

Sep 02, 2021

Update for Employers - Incolink Voluntary COVID-19 Vaccinations

As the safety net for construction, we've been working hard to deliver an on-site COVID-19 Vaccination program – making it easier for construction workers ...

Read more

May 10, 2021

Media Release - Bluehats Program Relaunch

Construction workers head-off rising concern of suicide in wake of pandemic Victoria’s construction industry will be the target of a ramped-up campaign to ...

Read more