Economic forecasting agency BIS Shrapnel has reported that engineering work, spurred on by the mining boom, would be about $128 billion in Australia this financial year. It may be easy to suggest that, despite the rumours, the mining boom is set to continue long into the future. However, the report was quite downbeat. ABC Online said BIS Shrapnel predicted that a "slowdown in mining investment and its related infrastructure is expected to reduce activity by 5.4% next financial year … engineering construction will be 20% below this year's peak by 2016-2017."
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