’s currency have all contributed to a marked increase in financial market volatility recently (discussed further below). Australian housing investment is growing at its slowest pace since 2009, according to chief economist at HSBC, Paul Bloxham, despite a recent upswing in both building projects and housing prices. The latest figures from the Bureau of Statistics show that residential construction fell by 0.7 per cent year-on-year during the first three months of this year, compared with growth of 0.5 per cent over the same
Australian housing investment is growing at its slowest pace since 2009, according to chief economist at HSBC, Paul Bloxham, despite a recent upswing in both building projects and housing prices. The latest figures from the Bureau of Statistics show that residential construction fell by 0.7 per cent year-on-year during the first three months of this year, compared with growth of 0.5 per cent over the same