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Central QLD deemed ‘solid performer’ in industry survey

By David Bell

Those considering buying real estate in Rockhampton may be interested to know the latest Master Builders quarterly Survey of Industry Conditions has given a positive assessment of Central Queensland.

The report found that confidence in the building industry for the coming 12 months has risen, as well as optimism in the state economy.

The area also performed better than most other regions in the state, with turnover and profit indexes holding stable – a satisfactory result which hasn't been replicated in many other areas.

Despite a number of businesses surveyed reporting they had to reduce their workforce, they did predict the staff levels would stabilise soon.

Master Builders director of housing policy Paul Bidwell said mining centres have performed quite well.

He explained: "Mackay and Whitsunday, Central Queensland and Darling Downs and South West Queensland were once again very solid performers.

"This positive outlook confirms our view that 2013 will be a good year for Queensland's building industry, particularly the housing sector."

The one major constraint to growth, the report found, was a lack of demand, which hampered an increase in business.

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