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Current affair: Construction of high-rise will halve over 3 years

Building approvals soared in June, driven by strong growth in apartments.
Building approvals soared in June, driven by strong growth in apartments. Source: AAP

Construction of high-density apartments will halve over the next three years as the oversupply that is already hitting Brisbane spreads to Melbourne and even Sydney, BIS Oxford Economics says. Ivan and Selina has the details.


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By Ivan Leung

Source: SBS



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Construction of high-density apartments will halve over the next three years as the oversupply that is already hitting Brisbane spreads to Melbourne and even Sydney, BIS Oxford Economics says. Ivan and Selina has the details.



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