Bullish Sign? - Bounced off 200 EMA, page-2428

https://bluenotes.anz.com/posts/2018/09/the-other-side-of-the-infrastructure-boom
I’ve only copied a bit .
There are some excellent charts including a by state infrastructure project one that identifies all projects by name when you click on it ....

13 Sep 2018
“The other side of the infrastructure boom

Daniel Gradwell Senior Economist, ANZ

“The Australian economy has done a solid job in the transition away from the mining sector. Though mining investment has fallen to its lowest level in several years the overall investment story has been positive on the back of a tremendous upswing in infrastructure spending. “

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“Strength in construction activity is good news… but the strong competition for labour, resources and equipment carries the risk of rising cost pressures.”
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“The outlook for infrastructure spending has improved further over the past year on the back of greater cooperation between various levels of government. Projects such as the Melbourne Airport rail and North East Link road (Victoria) and Badgerys Creek rail (New South Wales) will involve contributions from both state and federal level.

Further ahead, the scale of the road and rail works provides unusually clear visibility of the pipeline right through to the early 2020s.”
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