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Economic Buzz: Australia dwelling approvals fall 3.4% in April
02-Jun-2026 09:00
Australia's seasonally adjusted dwelling approvals fell 3.4% month-on-month to 16,710 units in April 2026, following a 10.5% decline in March. Approvals for private sector dwellings excluding houses continued to weaken, while house approvals slipped 1.0%. Despite the monthly drop, approvals rose 10.2% from a year earlier, signaling continued resilience in Australia's residential construction sector.

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