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Builders see upside despite headline fall in residential and commercial construction approvals

Master Builders Australia says the disappointing 1 percent fall in construction work done in the December quarter confirms that restoring business confidence is the key to a turnaround in the construction industry.

The latest ABS Construction Work Done data shows a 1 per cent fall in the December 2013 quarter while the volume of construction work done was up 0.2 percent from the corresponding quarter a year ago.


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