Fed: Pre GST home building boom continues

AAP General News (Australia)
01-19-2000
Fed: Pre GST home building boom continues

Home builders are still rushing to get in before the GST pushes up the price of materials
and labour.

New statistics show both renovations and construction were up strongly in the September quarter.

The value of new home building work rose another 1.7 per cent in the quarter, seasonally
adjusted, to $4.43 billion.

It's the fifth consecutive quarterly rise, as new homebuyers hurry to complete building
work before the start of the GST.

There's a similar rush to renovate - the Australian …