If you want evidence of how devoid of serious content this election is — as if we hadn’t had enough already — then look no further than the response to yesterday’s housing approval figures.
Housing approvals
New economic data: no damn good for a government trying to frame a Budget
New economic data suggests an economy marking time — not what the government needed to hear as it works out how heavily to slash expenditure in the Budget.
Building approvals boom amid “bubble” fears
The ABS released figures showing that building approvals bounced back strong in June after May’s one off plunge. Just don’t mention the housing bubble.
Housing activity takes a dive
Activity in the Australian home building industry dropped in March, driven by a sharp fall in new house approvals, writes Glenn Dyer.
