The RBA's deputy governor used a speech in Sydney to warn of a looming downturn in
housing construction and said the trend could shave as much as one per cent off GDP.
Woohoo! Just what we need...
RBA warns of housing investment slump | Sky News Australia
Business News News
The building industry is putting pressure on the government to fast track infrastructure spending after the Reserve Bank suggested a lack of new housing investment could curb economic growth.