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seems like the construction boom is probably not towards new homes HIA the housing industry is calling for new much needed help. I like: funny that he is right but on the other hands can't say in Australia banks are not lending enough (ask RBA for that). Also I am sure banks have a reason...

For sure margins are a key factor. I don't think land banking and land value on fringe of cities is the key problem. I woud compare wages in building industry with long term trends and with other countries. We need a healthy slow down in the building industry to bring back wages into reality...

Swanny is a Joke, building companies are still busy building the infrastructure he committed in his last budget to worrie about new housing jobs (or building houses for cheaper profit). Don't really care what he said, I'll just watch what he does and spend taxpayers money

time for the new chart shadow, not much has change with overall lending stable but with the usual austrlia unique situation of rising lending to home owner and shrinking to businesses...:confused:

This is one of the forecast you got it wrong Shadow, Australian construction is far from been in good shape as homes are expensive and building companies find hard to get money to build. You get data on this like from HIA or you can check the PCI index (Australian Performance of Construction...