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New home starts sink to 11-year low

April 10, 2024 - 15:34 -- Admin

The latest building activity data released by the Australian Bureau of Statistics has confirmed there is still a long way to go before Australia overcomes the housing crisis. Master Builders Chief Economist Shane Garrett said work started on just 163,285 new homes during 2023, a 10.5 per cent reduction on the previous year. “During 2023,…

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