CONFIDENCE is growing in Ballarat’s construction sector, according to Master Builders Association (MBA).
Ballarat Construction Management director and MBA Ballarat chairperson David Moyle said the industry was strong.
“As far as my gut feeling for Ballarat is, the construction industry is fairly strong,” he said.
“It has certainly been more positive post-election and we are seeing some strong trends.”
The claims come as MBA released the Victorian Building and Construction Confidence Report for the March 2014 quarter.
The report found confidence levels in the Victoria sector were consistently improving.
It also found Victoria builders maintained a more positive economic outlook than their interstate counterparts.
Mr Moyle said turnover and availability of work contributed to confidence in the sector.
“It has been purely turnover, permits issues and availability work,” he said.
“Our business personally has been strong for the last six months and we have a lot of work for the forthcoming six months.”
Mr Moyle said sector confidence had varied over the years.
“It has certainly fluctuated, but it was very strong when I joined the industry,” Mr Moyle said.
“Confidence started to be lost in the last four years, probably because of the Global Financial Crisis.”
Ballarat residents are also supporting the local construction industry, with the State Revenue Office (SRO) listing the postcode as having the third highest number of applications for the state government’s first home owners grant.
SRO data indicated 26 people in the 3350 postcode area had applied for grants of up to $10,000 for new homes in regional Victoria.
Residents in Alfredton, Ballarat, Canadian, Invermay Park, Mt Clear and Mt Helen lodged applications.