Vic building continues to rise
Victoria’s building industry has grown for the second consecutive month, with significant growth in the value of building permits in most regions of the state.
Building Commissioner Tony Arnel says the value of permits issued in August 2009 totalled $1.9 billion, a 12% increase from $1.7 billion in August 2008.
“All regions except Inner Melbourne and Gippsland experienced growth, with rural areas the strongest. North West (up 104%), North Central (94%), South West (50%) and North East (46%) all grew. Total rural building permits issued grew 52%,” Arnel says.
