A new report from BIS Shrapnel has forecast a surge in mining production over the next four years as the mining industry’s focus shifts away from the investment and construction phase of the boom.
Offshore buyers are increasingly interested in Perth office stock, but limited assets for sale and the city’s rising vacancy rate are stifling opportunities.
Civil construction activity in Western Australia is set to fall by about 25 per cent over the next five years as a number of major resources projects are completed, according to a new report by forecaster BIS Shrapnel.
Engineering construction activity in Western Australia is tipped to slump 20 per cent over the next two years, above that of a national 15 per cent decline, economic forecaster BIS Shrapnel says.
14 Sep 2009
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