"Construction in Australia - Key Trends and Opportunities to 2016" - New Market Report
During 2008-2009, the global financial crisis led to many independent lenders withdrawing from the capital market due to difficulties with regards to raising funds. The Australian construction industry faced the specific challenge of increasing costs when obtaining debt financing. Consequently, the industry's growth rate declined in 2009 compared with 2008. However, the announcement of stimulus packages in the 2009-2010 budget had a positive impact on many areas of the economy. Notably, the schools building package provided support to the institutional...
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