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Rise in financing and construct...

Rise in financing and construction of new homes is the transition the RBA wants

Such has been the acceleration in new home approvals and construction since late last year that in more normal times the Reserve Bank's next move in interest rates would be an increase as it sought to control the pressures being built up in the volatile housing sector.

Such has been the acceleration in new home approvals and construction since late last year that in more normal times the Reserve Bank's next move in interest rates would be an increase as it sought to control the pressures being built up in the volatile housing sector.…

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