Australian Building Permits data for August 2022 come in at +28.1% m/m

  • expected +5.0%, prior -17.2%
  • Private sector houses approved rose 4.1%, while private sector dwellings excluding houses increased 99.1%. (i.e. huge rise in multi-unit building permits)

-9.5% y/y

  • prior -25.9%
Australia building permits 04 October 2022