Blogotariat

Oz Blog News Commentary

Victoria ground zero in housing bust

February 11, 2024 - 08:00 -- Admin

Last week, the Australian Bureau of Statistics (ABS) reported that the nation’s dwelling approvals collapsed to only 162,200 in 2023, thereby tracking some 78,000 below the Albanese government’s target to build 1.2 million homes over five years (i.e. 240,000 homes a year). This collapse in approvals was led by Victoria, where only 51,000 homes were

The post Victoria ground zero in housing bust appeared first on MacroBusiness.