8731.0 - Building Approvals, Australia, Aug 2014 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/10/2014
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ABS Building Approvals show that the number of dwellings approved rose 1.2 per cent in August 2014, in trend terms, and has risen for three months.
Dwelling approvals increased in August in the Australian Capital Territory (13.0 per cent), Northern Territory (8.8 per cent), Queensland (2.7 per cent), South Australia (0.9 per cent), Victoria (0.6 per cent), Western Australia (0.5 per cent) and New South Wales (0.4 per cent) but decreased in Tasmania (4.3 per cent) in trend terms.
In trend terms, approvals for private sector houses were flat in August. Private sector house approvals rose in New South Wales (1.8 per cent) and Queensland (0.8 per cent), but fell in South Australia (2.9 per cent), Western Australia (0.8 per cent) and Victoria (0.5 per cent).
The value of total building approved rose 0.8 per cent in August, in trend terms, and has risen for two months. The value of residential building rose 1.4 per cent while non-residential building fell 0.5 per cent in trend terms.
Further information is available in Building Approvals, Australia (cat no. 8731.0) on the ABS website at www.abs.gov.au
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