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Good afternoon,
Rising fuel prices and high interest rates threatens to slow the property sector, potentially hitting large homebuilders and residential developers as they face a squeeze from higher costs. Property funds house Charter Hall, which controls the country’s largest office portfolio, has lashed out at suggestions that staff should work from home amid
fuel shortages.
While other developed nations shrink, projections show our sunny, remote, resource-rich, and hopefully safe Australia will still be growing in 2071, writes Bernard Salt. Let me know what you think -
wilmotb@theaustralian.com.au
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