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Australia Building Permits Climb 1.9% In March
(RTTNews) - The total number of building permits issued in Australia was up a seasonally adjusted 1.9 percent on month in March, the Australian Bureau of Statistics said on Thursday - coming in at 12,947.
That was in line with expectations following the 0.9 percent decline in February.
Private house approvals gained 3.8 percent to 8,891 - again matching forecasts following the 12.4 percent surge in the previous month.
Private sector dwellings excluding houses rose 3.6 percent to 3,936.
On a yearly basis, total approvals fell 2.2 percent.
The value of total building approved rose 15.9 percent, following a 16.8 percent February decrease.
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Australia Inflation Rises To 3.8%
Australia's inflation accelerated in October largely driven by higher electricity costs, data published by the Australian Bureau of Statistics revealed on Wednesday. The monthly CPI rose 3.8 percent year-on-year in October after a 3.6 percent increase in September. Prices were expected to rise again by 3.6 percent. On a monthly basis, consumer prices remained flat in October.
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Australia Construction Work Done Slips 0.7% In Q3
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Australia Leading Index Signals Above-Trend Growth Momentum Next Year
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Australia Wage Price Index Climbs 0.8% In Q3
The wage price index in Australia was up a seasonally adjusted 0.8 percent on quarter in the third quarter of 2025, the Australian Bureau of Statistics said on Wednesday - in line with expectations and unchanged from the previous quarter.
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RBA Minutes: Global Growth Likely To Slow In H2 2025
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Australia Jobless Rate Falls To 4.3% In October
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