Australia Growth to Be Hit by Housing ‘Perfect Storm,’ AMP Says
Waterfront residential properties stand in the inner-city suburb of Millers Point in front of the central business district in Sydney, Australia. (Photographer: Brendon Thorne/Bloomberg)

Australia Growth to Be Hit by Housing ‘Perfect Storm,’ AMP Says

(Bloomberg) -- Australia’s tumbling property prices could shave up to 1.2 percentage points from economic growth in 2019 as the decline hits housing construction and consumer spending, according to...
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