Our resident expert Moondoong has claimed that lending is starting to decline so therefore there must be less investment in housing . I didn't ask him where he got that information . It wouldn't be like him to make an outrageous unsubstantiated claim would it ?
Maybe the ABS begs to differ ?
http://www.abs.gov.au/ausstats/[email protected]/mf/8731.0
http://www.abc.net.au/news/2015-01-08/building-approvals-hit-highest-level-on-record/6006788
http://www.abc.net.au/news/2015-04-...all-but-remain-close-to-record-levels/6364746
http://www.abs.gov.au/ausstats\[email protected]?Opendocument
