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Australia's long home-building boom has life in it yet

Contrary to forecasts, there is now an unexpected revival in borrowing and approvals

Published Wed, Oct 4, 2017 · 09:50 PM

Sydney

THE latest data on Australia's home building boom is showing something totally unexpected - a revival in borrowing and approvals that suggest a mainstay of economic activity has some way to run yet.

Obituaries were being written for the boom, given it was already in its fifth year and long in the tooth by historical standards.

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