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The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by 4.8 points to 37.9 in August 2020, with the pace of decline in business conditions worsening again after a pause in July (readings below 50 points indicate contraction in activity, with lower results indicating a faster rate of contraction).

“Industry welcomes the introduction into Parliament today (August 26 2020) of a Bill to extend the operation of the JobKeeper scheme and the short-term flexibility measures in the Fair Work Act, until late-March. The JobKeeper scheme is playing a vital role in saving thousands of businesses and millions of jobs. The short-term provisions in the […]

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