There’s nothing in its way now. At the AFR comes Generalissimo Josh Recessionberg:
…Treasury estimates that a 10 per cent increase in house prices could result in a corresponding lift to GDP of about half a per cent.
With Australia’s annual population growth continuing to be strong at 1.6 per cent and the government’s record $100 billion 10-year infrastructure pipeline helping to unlock new housing supply and reduce congestion in our cities, the fundamentals of the housing sector are sound.
