Birdwatch Note Rating
2025-01-29 12:36:33 UTC - HELPFUL
Rated by Participant: B1457763B22F8E4268458A5627FA4D06058B208F81B8EA0D2179B2D684B33619
Participant Details
Original Note:
The wording could be conflated to imply that "construction costs" hit a 3 year low. Costs have not hit a 3 year low. "GROWTH in costs" have hit a 3 year low. Housing CPI Dec 2024 = 149.0 Dec 2021 = 125.6 New Dwelling CPI Dec 2024 = 168.6 Dec 2021 = 132.3 https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/dec-quarter-2024/640105.xlsx https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/latest-release#data-downloads
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