Sharon Zollner: ANZ Chief Economist says outlook for residential construction is not looking too promising

The outlook for residential construction is not looking too promising.It comes as the ANZ Business Outlook Survey has shown the situation is "rapidly deteriorating".ANZ Chief Economist Sharon Zollner told Mike Hosking this could be caused by a combination of expected demand to dry up or a lack of supplies, such as GIB.She says it could affect whether we see a sharp bounce back, or a sudden stop.LISTEN ABOVESee omnystudio.com/listener for privacy information.