GDP grows 0.4% as dwelling investment rises and fuel costs push up construction prices
The June quarter national accounts show the economy growing slowly, dwelling investment picking up, and construction among the industries hit hardest by higher fuel and input costs from the Middle East conflict.
6 min read
Topic
ABS data
Articles and news about ABS data for Australian builders.
GDP grows 0.4% as dwelling investment rises and fuel costs push up construction prices
The June quarter national accounts show the economy growing slowly, dwelling investment picking up, and construction among the industries hit hardest by higher fuel and input costs from the Middle East conflict.
6 min read
Approvals fall 3.6% in July, with house approvals down in every state
Australia approved 17,687 new dwellings in July, down 3.6% on June. Private house approvals fell in every state for which data was published, and NSW total approvals dropped 8.1%. Annual growth remains positive.
6 min read
Construction work done: home building rises 1.7% as engineering falls 6%
The latest ABS figures show building activity still growing, led by residential work, while engineering construction dropped sharply. Here is what the June quarter numbers mean for home builders.
6 min read
Dwelling approvals jump 7.2% in June as units lead the rebound
Australia approved 18,328 new dwellings in June, up 7.2% on May. Units did the lifting, houses were flat, and Queensland and NSW led the states.
6 min read