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MAR DWELLING APPROVALS +1.3% M/M;....>

AUSTRALIA DATA
MNI (London)
AUSTRALIA DATA: MAR DWELLING APPROVALS +1.3% M/M; FEB +19.9%: ABS
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--"This result indicates that in March, there was no evident impact on building
approvals from COVID-19, however the ABS is monitoring for potential impacts in
coming months."
--Across the states and territories, dwelling approvals rose in New South Wales
(5.2 per cent), Tasmania (3.4 per cent), Western Australia (2.2 per cent) and
Victoria (0.7 per cent), in trend terms.
--Approvals for private sector houses increased in New South Wales (1.4 per
cent) and Victoria (0.1 per cent), in trend terms. 
--In seasonally adjusted terms, there was a 4.0% decline in dwellings approved
in March, driven by a 8.2 per cent decrease in private dwellings excluding
houses. 
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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