Building Forecasts released from BIS Shrapnel
A pick-up in new housing construction in Australia is at least a year off, according to forecasts by BIS Shrapnel. The economic and building research firm is forecasting 1.4% year-on-year growth in new private dwellings in the current 2012-13 financial year, but then a big jump of 10.6% growth in the 2013-14 financial year. The