Confidence within the building and construction industry in Australia is back on the rise as the recovery in home building activity drives an underlying improvement in business conditions and employment, a national survey of 373 respondents from the industry suggests.

Published by Master Builders Australia, the December Quarter National Survey of Building and Construction shows that the index for business confidence within the industry has risen well above the neutral 50.0 mark, indicating the majority of those surveyed expect industry conditions to improve over the next six months. Meanwhile, the…