Australia's largest stock trading and investment forum Australia's #1 stock forum

Dying- unfixable, page-11

First 11 Last

Share
Profile

Follow
Cowboyinvestor

20,951 Posts.

33

07/06/24

11:42

Post #: 74212650
Share

Originally posted by BCCanuck: ↑

From their ALPBC .............

"Decade-low building approvals could spell disaster for the future of the Australian government's ambitious plans to tackle the worsening housing crisis, property experts say.

New statistics released by the Australian Bureau of Statistics show the total number of dwellings approved in April fell by 0.3 per cent from the month prior.

Approvals were also down in three out of the seven states.Australian Housing and Urban Research Institute's Dr Michael Fotheringham said April's figures were in keeping with a broader trend in the country's struggling building sector.

"There's a downward slide in the number of approvals overall in recent months, which reflects a couple of things," he said."There's a tapering off of consumer confidence in investing and building a new home, with interest rates and cost-of-living pressures making it a difficult decision for people."

Expand

Is anyone suprised?
2 Upvote

Reply

Top Stories

CBL

Control Bionics expands into UK and Irish markets with NeuroNode device

YAL

Yancoal makes it into the ASX200 in latest S&P rebalance

GDC

Global Data Centres not clear on future operations after AirTrunk sale payout

CNB

Carnaby Resources hits copper at Mohawk, QLD

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

There are more pages in this discussion • 14 more messages in this thread...

First 11 Last