Judging by the increasing number of loans issued for the construction of new housing, it can be assumed that in Australia is expected to increase the volume of construction. In June, the volume of loans received homebuilders to build new homes in Australia increased by 2.8% which is 60% more than the lowest figures recorded in October last year, the Australian Bureau. Economist of the company Macquarie Securities Dienten Benjamin said that this information should reduce the anxiety of the Reserve Bank of Australia regarding the lack of new housing and the growth in property prices. "Policy makers in this area will be pleased to learn about a substantial increase in lending of housing construction over the past few months and will be expected that this trend will mark the beginning of construction works, which will last for the next year", - said Dienten. A rough estimate of the Chief Economist of the Association of Construction Industry (Housing Industry Association) Harley Dale, the volume of housing construction started at the end of this year will increase by 15%, due to lower interest rates for the loan, which will be in force until 30 September.
