Relevant:
- Australian Construction Contracted for Third Month in August, Survey Shows
- Australia's Building Industry Contracted for a Seventh Month in December
- Australia Building Approvals Fall 6.6% in May From April as Stimulus Wanes
- Australian Home-Loan Approvals Decline 3.9% as Rate Increases Cool Demand
- U.K. Construction Expanded at Fastest Pace in Eight Months in February
2010-07-07 — bloomberg.com
"Australia’s building industry shrank in June at the fastest pace in 10 months, a sign the most aggressive round of interest rate increases among Group of 20 members is eroding demand for new dwellings."
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