CSR the croaking canary as dwelling construction falls

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By Leith van Onselen

With Australia’s dwelling construction boom well past its peak, CSR has cut its brick output from one of its production kilns in Sydney and has cut back shifts at its Western Australian plasterboard facility. From The AFR:

CSR supplies Gyprock plasterboard, PGH bricks, Hebel precast concrete blocks and panels, and Bradford insulation and storage battery products to the construction market…

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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.