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The latest ABS data released today shows that home building approvals in the ACT remain underwhelming, which reaffirms that relief from affordability pressures is still a long way off.
Tasmania’s building and construction sector is showing strong signs of growth, with the latest Australian Bureau of Statistics (ABS) data revealing building approvals have reached their highest level in two years.
“The decline in the cash rate and ongoing population growth is finally flowing through to a rise in building approvals,” stated HIA Senior Economist Tom Devitt.
The HIA NSW Housing and Kitchen & Bathroom Awards showcase the achievements of HIA member builders and building professionals in the NSW housing industry.
Your future career starts with us.
Get started with a certificate course designed especially for building and construction. Gain valuable skills as a professional builder in the low rise residential sector.