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AUSTRALIAN HOUSING FINANCE STILL UNSUSTAINABLY HIGH: ECONOMISTS.

AsiaPulse News,  October, 2004  

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SYDNEY, Oct 8 Asia Pulse - Housing finance growth may have stabilised but remained at unsustainably high levels in August, reinforcing expectations of a post-election interest rate rise, economists said today.

The Australian Bureau of Statistics (ABS) will publish the August housing finance data on Monday.

In July, housing finance commitments for owner occupied housing rose 1.8 per cent, adjusted.

Economists, whose forecasts for August housing finance for owner occupiers range from a one per cent increase to ...