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Tuesday’s dwelling approvals data for August from the ABS reported a continued fall in annual unit & apartment approvals:
To add more colour to this series, I have once again plotted the breakdown of approvals by type for each of the states and territories, which are presented below in rolling annual terms to smooth volatility.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.