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1.Market Observations, 8.Was Sticky

1 Aug 2019 (TheAge) – The residential construction party is over. And the hangover looks severe

(1 August 2019, The Age, 22, Elizabeth Knight, Business columnist)

‘Building materials group Adelaide Brighton could be the canary in the coal mine, revealing the toll of damages resulting from the turndown in residential construction, and the risks such a decline may pose to employment. The company’s profit downgrade for the 2019 financial year took the market by surprise and infected other building materials companies – sending the share prices of Boral and CSR spiralling.’


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