Earthmoving equipment hires up across the country
Earthmoving equipment hire companies saw a huge jump in business during May throughout the company, figures from PlantMiner.com.au show. While figures for the construction industry show varied outlooks for the year ahead, equipment hire figures can reflect real-time business activity.
Queensland saw the biggest increase, with excavator hires increasing by 108% in the past six months, loader hires up 84%, bulldozer hires up by 67% and roller rental hires up by 150%.
Victoria has also seen a positive shift in equipment hire requests.
“I’ve been busier and busier,” said Jimmy Starbuck, owner of Victorian excavation company Starbuck and Sons, who says he’s noticed a significant jump in Melbourne in particular.
“I started out with one machine and now I run up to 10 excavators a day. We’ve got a bit of a building boom; a bit of an infrastructure boom.”
A current trend is the increase in the use of subcontractors to do earthmoving work, according to Luke Taylor, owner of Affordable Earthworx.
“For a company to go and buy machines, hire people to operate them, you’ve got to have some knowledge. It’s a big outlay,” he said.
“It’s a lot less hassle for them to get someone like myself who’s equipped with the machinery and the know-how to operate it.”
PlantMiner.com.au has also seen an increase in the number of companies engaging civil construction and earthworks subcontractors through the portal, with the number up 84% over the past six months.
The federal election is expected to have a significant impact on business confidence, as the major parties announce spending proposals.
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