Building approvals rose 6.4% in Aug

Reported by AAP
Thursday, October 4, 2012

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Australian residential building approvals rose 6.4 per cent to 12,046 units in August.

This compares to an upwardly revised 11,325 units in July, seasonally adjusted.

In the year to August, building approvals were down 15.4 per cent, the Australian Bureau of Statistics (ABS) said on Thursday.

Economists' forecasts had centred on a 4.7 per cent rise in approvals for August.

20/05/2013 13:21Sydney, Australia. 20 May,2013
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