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More home builders collapse, decimating supply targets

October 2, 2023 - 11:30 -- Admin

The Albanese government’s plan to build 1.2 million homes over five years is becoming increasingly unrealistic. Data on dwelling approvals, loans for the building or purchase of new dwellings, and new home sales have all plummeted, implying that Australia will build fewer homes rather than more in coming years. This fall in construction will occur

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