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Australia Construction Industry Report 2021: Key Trends and Opportunities by State and Territory to 2025 - ResearchAndMarkets.com
on May 27 2021 3:15 AM
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The Australian construction industry is expected to grow by 2.2% in real terms in 2021 - up from a decline of 2.1% in 2020.
The downturn in 2020 was due to the impact of the Coronavirus (COVID-19) pandemic on consumer and investor confidence, coupled with plummeting oil prices and a weak residential sector.
Although the construction industry was designated as an essential service and exempted from lockdown restrictions, construction work was affected due to limitations on labor availability at worksites, social distancing restrictions and supply chain disruptions. As a result, the total value of construction work completed declined by 2.1% year on year (YoY) in 2020, according to the Australian Bureau of Statistics (ABS). This is attributed to a fall in building construction activities (-4.2%),
The Fair Work Ombudsman has penalised the former operator of a Central Coast civil construction business.
A $33,300 penalty was imposed against MDP Labour Pty Ltd by the Federal Circuit Court, for the labour company failing to back-pay a former employee.
The company provided services including laying pipes and earthmoving, and worked with the National Broadband Network.
The former employee, then aged 20, worked for the business as a labourer since he was 16.
In addition to the penalty, the Court ordered MDP Labour to rectify underpayments in full, plus superannuation and interest.
Fair Work Ombudsman Sandra Parker says companies that fail to act on Compliance Notices can face maximum penalties, like the one in this case.