The construction sector in Australia swung to expansion in June, the latest survey from the Australian Industry Group revealed on Thursday with a Performance of Construction Index score of 53.2.
That was up sharply from 46.7 in May, and it moved above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, commercial and engineering construction remained weak, while residential construction continued to be strong.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.