AV Jennings... nothing to see here
One of Aussies bluebloods in the property sector is looking decidedly shaky.
They bang on about increased demand in their preso but that assumes a lot including an improved level of affordability at a time when it's going backwards. Where will inflation be in a few years? Will we dodge a Recession? Will raw materials prices and labour rates be at a level which will support much needed improved margins whilst keeping prices of homes at an affordable level.
They're in strife!
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- Update on the supply/demand situation
Update on the supply/demand situation, page-294
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