Construction Work Done Q3 2015 in at -3.6% q/q, much lower than the consensus expectation and a slide from the previous quarter

  • expected -2.0%, prior was +1.6%
  • Housing +2.0%
  • Commercial -1.9%
  • Engineering -7.3%

more to come

AUD is barely moving on the poor data ... I explained why already earlier, here.

Still, I'd be surprised if this didn't weigh on the AUD at least somewhat in coming hours