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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

Construction workers surveying a housing site at Sydney's Greenhills Beach. There has been a surge in Australians borrowing to build their own houses, a shift as unexpected as it is timely.


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...

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