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Housing approvals rebound, but still behind targets
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PerthNow
Building approvals had strong numbers in June, and a rise of 9.2 per cent over the financial year.
(Jono Searle/AAP PHOTOS)Building approvals had strong numbers in June, and a rise of 9.2 per cent over the financial year.
Data from the Australian Bureau of Statistics on Thursday revealed approvals rose by 7.2 per cent in June to 18,328 dwellings.
The bureau's head of construction statistics Daniel Rossi said there were also increases for housing approvals.
"Today's increase in approvals is welcome, particularly for higher-density housing, but approvals alone do not build homes."