Australia & New Zealand Economics

Australia & New Zealand Economics Update

28 January, 2019

Support for first-time home buyers may come too late

A renewed increase in public support for first-time home buyers would probably result in a rebound in home sales and house prices. But with federal elections due by May, any step-up in government handouts is unlikely to occur before the middle of the year. And the usual lags between home sales and construction activity mean that dwellings investment would probably still fall sharply this year.

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