Australia August 2025 Building Approvals: Unexpected Decline
The Australian Bureau of Statistics released the seasonally adjusted month-on-month building approvals data for August on September 30, 2025. The actual figure came in at -6%, versus a forecast of 3%, with the previous reading at -8.20%.This indicator serves as a key measure of future activity in the construction sector, as government approval is the initial step in new home construction. The data showed a lower-than-expected result, which may have a positive impact on the Australian dollar.The importance level of this data is 2. The statistical methodology is based on changes in the number of newly approved buildings. It is published monthly, with the next release scheduled for November 3, 2025.
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