Home construction set to ease
THE number of homes approved for construction is staying near record levels, despite month to month volatility.
THE housing construction boom may have passed its peak despite the number of homes approved to be built still near record levels.
APPROVALS for the construction of new homes fell 6.9 per cent in August, after a 7.9 per cent rise in July, and another 6.9 per cent fall in June, official figures show.
Why 1 in 3 businesses have gone broke
The number of Aussie businesses that have collapsed due to this ballooning debt has soared, and unlike during Covid, there is no relief in sight.
ASX falls during Friday’s trading
A share sell-off in the banking and consumer staples sectors saw the Australian market trade heavily in the red on Friday.
What Aussies bought on Black Friday
Strong car sales, cinematic hits and Black Friday bargains contributed to Aussies spending up big in November.