Dwellling approval remain squashed

Monday 3 April 2023

No relief for rentes here. ABS dwelling approvals.

Seasonally adjusted
	Total dwelling units approved	12,661	4.0	-31.1
	Private sector houses	8,520	11.3	-13.6
	Private sector dwellings excluding houses	3,935	-9.5	-45.7
Trend
	Total dwelling units approved	13,038	-5.7	-19.6
	Private sector houses	8,150	-2.9	-17.2
	Private sector dwellings excluding houses	4,602	-10.3	-22.0

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.