Daily Archives: 10/01/2012

Building approvals up but housing sector still weak

Although there has been a modest improvement in building approvals during the month of November, the overall state of Australia’s construction industry is still troubled. Australian residential building approvals had increased during November by 8.4 per cent to 11,424 units. This compared with an upwardly revised 10,539 units in October, seasonally adjusted. Economists expectations of this figure were closer to ...

Read More »