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PRESS DIGEST-Australian Business News - Feb 3 Reuters "Building approvals in late 2011 imply that housing starts will fall to a level below that experienced during the depth of the GFC, which would clearly be a very unhealthy outcome," Harley Dale, a Housing Industry Association economist, said. Page B3. |
Sector by sector guide to 2012 SmartCompany.com.au According to HIA chief executive Harley Dale, there are four main factors leading to fragility – high interest rates, cautious households, a dire lack of finance for residential developments, and supply problems such as slow land release and planning ... |
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