The seasonally adjusted estimate for total dwellings approved in Australia rose by 3.6 percent month-over-month to 16,448 units in November 2021, unrevised from the preliminary data and swinging from a revised 13.6 percent slump a month earlier. This marked the first rise in building permits since August, driven by an increase in approvals for private sector dwellings excluding houses, which rose 9.7 percent following a 37.9 percent slump in October. Meanwhile, private sector houses continued to level off (1.4 percent vs 3.5 percent) after being at historically elevated levels over the past year due to government stimulus and record low-interest rates. Across Australia, dwelling approvals rose in Tasmania (40.8 percent), Queensland (20 percent), South Australia (14.5 percent), and Victoria (8.9 percent). In contrast, building permits fell in both New South Wales (-18.4 percent) and Western Australia (-1.1 percent). source: Australian Bureau of Statistics

Building Permits in Australia averaged 0.35 percent from 1983 until 2022, reaching an all time high of 31.70 percent in May of 2012 and a record low of -22.10 percent in December of 2017. This page provides the latest reported value for - Australia Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Dwelling Approvals - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Building Permits in Australia is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Dwelling Approvals is projected to trend around 3.00 percent in 2023, according to our econometric models.

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Australia Dwelling Approvals


Calendar GMT Actual Previous Consensus TEForecast
2022-01-10 12:30 AM Building Permits MoM Prel Nov 3.6% -13.6% 0% 0.2%
2022-01-17 12:30 AM Building Permits MoM Final Nov 3.6% -13.6% 3.6% 3.6%


Related Last Previous Unit Reference
Building Permits 3.60 -13.60 percent Nov/21
Housing Index 175.60 167.20 points Sep/21
Home Loans 21340.00 19836.70 AUD Million Nov/21
Construction Output -0.30 0.80 percent Sep/21
Home Ownership Rate 66.20 67.50 percent Dec/18

News Stream
Australia Building Permits Bounce Back
The seasonally adjusted estimate for total dwellings approved in Australia rose by 3.6 percent month-over-month to 16,448 units in November 2021, unrevised from the preliminary data and swinging from a revised 13.6 percent slump a month earlier. This marked the first rise in building permits since August, driven by an increase in approvals for private sector dwellings excluding houses, which rose 9.7 percent following a 37.9 percent slump in October. Meanwhile, private sector houses continued to level off (1.4 percent vs 3.5 percent) after being at historically elevated levels over the past year due to government stimulus and record low-interest rates. Across Australia, dwelling approvals rose in Tasmania (40.8 percent), Queensland (20 percent), South Australia (14.5 percent), and Victoria (8.9 percent). In contrast, building permits fell in both New South Wales (-18.4 percent) and Western Australia (-1.1 percent).
2022-01-17
Australia Building Permits Rebound
The seasonally adjusted estimate for total dwellings approved in Australia rose by 3.6 percent month-over-month to 16,448 units in November 2021, swinging from a revised 13.6 percent slump a month earlier, flash data showed. This marked the first rise in building permits since August, driven by an increase in approvals for private sector dwellings excluding houses, which rose 9.7 percent following a 37.9 percent slump in October. Meanwhile, private sector houses continued to level off (1.4 percent vs 3.5 percent) after being at historically elevated levels over the past year due to government stimulus and record low-interest rates. Across Australia, dwelling approvals rose in Tasmania (40.8 percent), Queensland (20 percent), South Australia (14.5 percent), and Victoria (8.9 percent). In contrast, building permits fell in both New South Wales (-18.4 percent) and Western Australia (-1.1 percent).
2022-01-10
Australia Building Permits Plunge
The seasonally adjusted estimate for total dwellings approved in Australia tumbled 12.9 percent month-over-month to 15,911 units in October 2021, unrevised from a flash figure and after a final 3.9 percent fall a month earlier. This was the second straight month of drop in building permits and the steepest pace since April, amid a slump in approvals for private sector dwellings excluding houses (-37.5 percent vs 17.6 percent in September). By contrast, permits for private sector houses rose by 4.3 percent after plunging 14.8 percent in September, driven by government stimulus and record low-interest rates. The number of dwelling approvals fell in New South Wales (-29.4 percent), dragged down by a large decline in apartment developments approved. Also, building permits fell in South Australia (-8.1 percent), Western Australia (-2.7 percent), Victoria (-2.0 percent), and Tasmania (-1.8 percent). On the other hand, the approvals rose in Queensland (2.2 percent).
2021-12-07

Australia Dwelling Approvals
In Australia, Building Permits show the monthly change in the number of total dwelling units approved, including building activity carried out on existing buildings.