Master Builders survey nails RBA hopes

Monday 21 January 2013

Find below the December quarter survey by the Master Builders Association. The survey is quite gloomy and, excepting a few hopes, sees the year ahead as very difficult for home builders, denting economic Mandarin’s plan for more houses to substitute for falling mining investment.

I can’t vouch for this survey but it paints an unhappy picture.

C3CD81C0-7176-47AF-89BC-0FBF03F8A81C-December 2012 National Survey (1).pdf

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.