Original article by Michael Bleby
The Australian Financial Review – Page: 37 : 17-Apr-25

Data from the Australian Bureau of Statistics shows that new housing starts nationwide totalled 168,049 in calendar 2024, which is 1.8 per cent higher than previously. However, new home starts fell by 4.4 per cent to 41,911 in the final three months of the year, which was the largest quarterly decline since September 2023. Both major political parties recently announced election policies that are expected to boost demand for housing, but Paul Bloxham from HSBC says the focus should be on measures to boost housing supply.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, HSBC AUSTRALIA HOLDINGS PTY LTD