Australia’s housing industry lifted further in the June quarter, with dwelling commencements data released this week showing a rise of almost fifty per cent on last year’s activity.

Figures from the Australian Bureau of Statistics shows that the total number of dwelling units commenced in the June quarter, seasonally adjusted, rose 0.8% following a rise of 9.1% in the March quarter. This figure is 43.8 per cent higher than in the June quarter 2009.