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The best is yet to come for Australian stocks exposed to the housing market, according to Deutsche Bank, despite crumbling home-buyer sentiment.
Overall positivity surrounded the annual general meetings of companies like DuluxGroup, CSR, Fletcher Building and Boral, which saw those stocks outperform in the last month and there should be plenty of work for the sector ahead, according to today’s note from DB. 188 more words
A GST increase when the housing cycle is slowing could have a material adverse impact on new home construction and severely distort the timing of activity, as occurred in 2000-01 when it was first introduced, say Credit Suisse analysts Andrew Peros and Royce Kennedy. 145 more words
House prices are set to start falling as soon as March next year, according to Macquarie, with serious implications for Aussie banks.
But what about builders and the companies that supply them with materials? 267 more words