Archive | February, 2016

Chart 6

Dwelling approvals rose in December but remain below their recent peak.

The Australian Bureau of Statistics (ABS) released building approvals data for December 2015 earlier today.  The results tend to be somewhat volatile on a month-to-month basis, largely due to the more ‘lumpy’ unit approvals.  Following a -12.4% monthly fall in dwelling approvals in November, approvals rose by 9.2% to 18,868 approvals in December 2015. The […]

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