Residential Building Set to Increase in 2009/2010

Whilst construction industry cash flow is forecast to contract by almost $12 billion over the next two years, spending on residential building is forecast to turn around in 2009/2010, following a four percent fall in the 2008/2009 financial year.

The first home owner's grant and government stimulus packages have halted the recent decline in residential building expenditure.

A very strong recovery in stand-alone housing and in the alterations and additions market, driven by pent-up demand, low interest rates and net population growth is predicted in the next 14 months.

Stratacon Professional Recruitment is a market leader in residential construction recruitment. Call us for confidential discussion on Ph 9867 2406 to discuss the multiple opportunities we have in this sector. Our contacts and expertise will help further your career.