Original article by Melissa Iaria
The Australian – Page: 20 : 1-Oct-21

Data from the Australian Bureau of Statistics shows that there was 6.8 per cent growth in dwelling approvals nationwide in August. This followed an 8.6 per cent decline in July. Private-sector housing approvals rose by 3.5 per cent month-on-month and nearly 24 per cent over the year to August. Daniel Rossi from the ABS attributes the rebound in housing approvals to factors such as increased household savings, historically low interest rates and confidence in the housing market.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS