Australia’s seasonally adjusted dwelling approvals fell 6.1% month-on-month to a seven-month low of 16,953 units in August 2026, matching the flash estimate and deepening from a 1.9% decline in the previous month. It was the fifth time of contraction so far this year, with approvals for private-sector dwellings excluding houses plummeting (-21.2% vs 0.8% in July) to 5,674 units. In contrast, private-sector house approvals rebounded (3.7%vs -1.9%) to 10,885 units. Across the states, dwelling approvals declined in Queensland (-22.5%), New South Wales (-17.3%) and Tasmania (-1.5%), but increased in South Australia (24.0%), Victoria (8.9%) and Western Australia (3.2%). On a yearly basis, building approvals rose 10.3%, easing slightly from a 10.9% gain in July. source: Australian Bureau of Statistics
Building Permits MoM in Australia decreased to -6.10 percent in August from -1.90 percent in July of 2026. Building Permits MoM in Australia averaged 0.43 percent from 1983 until 2026, reaching an all time high of 44.30 percent in February of 2026 and a record low of -27.40 percent in January of 2023. This page includes a chart with historical data for Australia Dwelling Approvals MoM. Australia Building Permits MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Building Permits MoM in Australia decreased to -6.10 percent in August from -1.90 percent in July of 2026. Building Permits MoM in Australia is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Building Permits MoM is projected to trend around 0.60 percent in 2027 and 0.50 percent in 2028, according to our econometric models.