RBA warns of housing investment slump | Sky News Australia

📆 2019/10/18 02:00:00
📰 SkyNewsAust

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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.

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.

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