No stimulus on the housing frontHousing construction is not going to make any contribution to economic growth in the next couple of reported GDP figures, reports Richard Farmer.
Building approvals
Interest rates send building approvals into a tailspin
A very sharp slump in building approvals will keep the Reserve Bank’s hands from the interest rate lever later today and for several more months as the size of the fall has come as a surprise.
Keneally: the developer loving ventriloquist dummy
New NSW Premier Kristina Keneally puts her core political promise as social justice. Does that apply to the hundreds of building approvals she ticked for developers who also donate hundreds of thousands to the ALP?
The Dyer Index: Black is back for GDP
Business conditions are looking up with business confidence bouncing back to nearly its long term average, the latest NAB survey finds.
Building approvals offer glimmer of hope
Despite the sharp fall in home prices in the eight major capitals in the March quarter, there’s still demand for new home loans.
Building approvals dip again, but the news isn’t all bad
Although the downward trend for building approvals continues, new figures this morning suggest we may be nearing the bottom, writes Glenn Dyer.
