Housing construction to stall across Australia: Report

By David Olsen · 28 June 2010 · Economy

Australia's Housing Boom on the Brink of Collapse

A surprise move by the Reserve Bank of Australia has left the nation's housing market on shaky ground. Find out what's behind the sudden stall in new construction and what it means for your wallet.

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Summary

New housing construction is set to stall across Australia, with the brakes applied to the post-GFC recovery after a significant tightening of monetary policy by the Reserve Bank of Australia.

Tags: Australia, Harley Dale, HIA, Housing Construction, Interest rate, Rba