Is It Time To Invest In The Great Australian Dream?

June 2020 Newsletter | COVID-19 has posed an incredible challenge to the Australian economy. However the response from government and the Reserve Bank of Australia has been unprecedented, in terms of its scale and speed. In the early months of COVID-19, the JobKeeper, JobSeeker and early release of superannuation schemes provided much needed support to the Australian economy. More recently, Federal and State Government attention has narrowed to specific sectors. The highly cyclical housing construction sector has been one of the largest recipients of fiscal stimulus in recent months, with many initiatives to date. This newsletter will consider how the Australian market has reacted following past major housing stimulus packages in order to review whether it can be concluded that these measures are likely to have a meaningful impact on construction activity.