Hire and Rental News - April/May 2015

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INDUSTRY NEWS
HIRE AND RENTAL NEWS • APRIL/MAY 2015 14
“Master Builders Australia’s National Survey of Building and
Construction shows employer hiring intentions rose in the December
quarter 2014 to their highest level in seven years,” Peter Jones, Chief
Economist of Master Builders Australia said.
“Confidence in the building and construction industry continues to
grow with the Survey recording a sharp rise in expected building
activity to levels not seen since the GFC,” he said.
“The Survey indicates builders, particularly residential builders, see
higher industry activity coming in the next six months,” Peter said.
“The index measuring profitability of building firms recorded its
best result in nearly four years with more than 60% of respondents
expecting profit levels to increase over the next six months,” he said.
“2015 will see the benefits of the looming housing construction
boom increasingly flow through the supply chain to boost the wider
economy with the Survey recording a sharp rise to a seven year high
in builders’ intention to invest in plant and equipment,” Peter said.
“The commercial construction continues to suffer from weak
business investment and conditions have a long way to go before
they could be described as healthy. The Reserve Bank’s decision to
cut official interest rates should help to reboot confidence,” he said.
“A lift in business confidence and pragmatic reforms to increase
productivity are also needed if the industry is to play a greater role
in helping to meet the gap in investment and job creation left in the
wake of the declining resources boom,” he said.
Contact: 02 6202 8888 or visit:
Hiring intentions rise with
looming housing boom
More jobs are set to be created by the
looming housing boom according to the latest
national survey of Australia’s building and
construction industry.
The Duncan family, who founded global franchise platform, Pirtek
Fluid Transfer Solutions, has acquired Pirtek USA. The acquisition
increases the Pirtek footprint and adds to its global presence.
This acquisition by the Duncan family creates further synergies
across the Pacific, while strengthening Pirtek’s existing
partnerships in Africa, Canada, China Mongolia, NZ and Singapore.
“As a group, this will allow Pirtek to broaden the customer
base with a high level of corporate strength and stability, while
increasing market share,” Pirtek International Director, Glenn
Duncan said.
There are over 400 Pirtek Service and Supply centres and mobile
units globally, 97 of those in Australia. Pirtek USA opened its 50th
Centre in Milwaukee. Contact 134 222 or visit:
Pirtek USA acquired by Pirtek’s
Australian founders
Pirtek started in Australia in 1980 and now services 23 countries through over
400 centres globally
Providing Experienced Service Support
across Australia & NZ!
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