Indicator of aggregate completion of construction works, including new buildings and alterations to existing ones.
The index is derived from the quarterly statistics on data of construction activities. The growth of this indicator has a positive impact on the Australian dollar, because high levels of construction activities positively affect the economy as a whole (the builders buy more supplies and create new jobs to meet the growing demand in real estate).
- Release Frequency: quarterly.
- Release Schedule: 01:30 GMT, three months after the reference quarter.
- Source: Australian Bureau of Statistics.