Original article by Robert Harley
The Australian Financial Review – Page: 2 : 11-Mar-16

BIS Shrapnel’s MD Robert Mellor forecasts that Australian dwelling starts will peak in the March 2016 quarter, driven by growth in apartment developments. However, he has warned that the apartment boom is also approaching its peak, and New South Wales will be the only state that does not have a dwelling oversupply by 2016-17. Mellor forecasts that Melbourne and Brisbane will be hardest hit by the downturn in the apartments market.

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