Business
ABS reveals government building package is causing a surge in new houses – NEWS.com.au
ABS reveals government building package is causing a surge in new houses
Government housing schemes such as HomeBuilder are causing a surge in the number of newly approved residential properties being built across Australia. Latest figures from the Australian Bureau of Statistic shows total dwelling approvals across both commercial and residential markets rose 2.6 per cent in November compared with the previous month.
The rise in new building approvals is being fuelled by additional stimulus measures implemented by federal and state governments in order to boost economic…
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