Australia's May seasonally adjusted building permits year-on-year
Australian Bureau of Statistics announced the Australia's May seasonally adjusted building permits year-on-year on 2025-07-02. The reported figure stands at 6.5%, with the prior figure recorded as 7.6%.
Regarding the Australia's May seasonally adjusted building permits year-on-year, Actual values > Forecast values = Bullish for AUD, It is a very good indicator of future activity in the construction industry, as obtaining government building approvals is the first step in building new homes.
This data holds an importance level of , calculated using The change in the number of approved new buildings after seasonal adjustment is reported as an annual rate, and updates Every month.
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