After the housing boom comes what, exactly?

Advertisement

By Leith van Onselen

In the wake of yesterday’s MYEFO, Fairfax’s Michael Pascoe has rightly asked: what comes next for the economy once the dwelling construction boom ends?:

Treasury is saying the housing construction boom ends this year. That’s the boom that has carried much of the economy since resources investment tanked.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.