SYDNEY: The Australian and New Zealand dollars were holding hefty gains on Monday as markets scaled back expectations for U.S. interest rate rises, while the opening of China's borders boded well for an eventual recovery in demand there.
The demise of Australia's construction industry was caused by speculation and greed, major developers argue, with more builders tipped to collapse over the next 18 months, leaving consumers in significant trouble.
Construction firms are collapsing after a loss-making boom, and massive greed is to blame - 23-Aug-2022 nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.