Building boom to roll on

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    Good yarn in AFR today reinforcing the boom for CSR and co.
    'For the first time in a decade, Brickworks boss Lindsay Partridge has kept all of his factories running over the Christmas period.
    In the last 12 months, the nation's biggest brickmaker has been firing up mothballed plants to meet frenzied new home building on Australia's east coast.
    Mr Partridge said he only has a few days' worth of stock on hand at some sites and he's feeling very good about business in 2016.
    "The pipeline is full and we see a solid year's work in front of us. There's no question about being busy," he said. "I know [this year] is going to be good."
    Last year was one for the record books, and it showed in the earnings of building materials suppliers such as Brickworks, CSR and Boral.
    In 2014-15 Aussie builders broke ground on a record 211,860 new homes, up 13 per cent on the previous record of 187,000 set in 1994.
    BIZARRE COMBINATION
    The Housing Industry Association is tipping the 2015-16 year to exceed 200,000 new home commencements.

    Read more: http://www.copyright link/business/...2016-brickworks-20151222-glturg#ixzz3wEfj6nOP
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