Australia August 2025 Seasonally Adjusted Private Sector Building Approvals MoM: Downward Trend Emerging
The Australian Bureau of Statistics released the seasonally adjusted month-over-month private sector building approvals data for August on September 30, 2025. The reported figure was -2.6%, marking a significant decline from the previous reading of 1.1%.This indicator is a key measure of future activity in the construction sector, as government approval for building is the first step in new home development. A result exceeding forecasts is typically positive for the Australian dollar.The data carries medium significance, reflecting changes in the number of approved new buildings after seasonal adjustment. It is published monthly, with the next release scheduled for October 30.
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