COMMSEC | NSW is on top because population has been growing in - TopicsExpress

COMMSEC | NSW is on top because population has been growing in recent years and now home construction is responding to the shortage of accommodation, said CommSec chief economist Craig James. It looks to be well supported by home construction and infrastructure spending. SPP: CommSec (CBA) concocts this report based on limited economic data (e.g. population growth, housing construction) that has a lot more to do with bank profit builders than a prosperous and resilient Australian economy. The growth media, ABC included, laps it up.

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