The headline was a huge beat: Australia Q3 Construction work done: +15.7% q/q (vs. expected -2.3%)
But as noted before and during ... its not a reliable number due to the import of LNG platform
- After this its around +1% (still a beat ... but not nearly so much)
- Infrastructure spending up around 6%
These are not overly confidence inspiring underlying's .... still ..... better than a poke in the eye.
