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The ABS small area building approvals data for August landed on 7 October. On our Trend series, Cairns SA4 approvals ran at 111 dwellings in August, down 19.0% on a year earlier. Over the same period the Queensland Trend rose 18.2% and the national Trend rose 9.1%. Cairns is 17th …read more
The ABS released its small area building approvals data on 8 September, which is the cut that carries a Cairns geography. On our Trend series, Cairns SA4 approvals ran at 108 dwellings in July, down 19.1% on a year earlier. The Queensland ABS Trend over the same period rose 20.0%, …read more
The Conus Trend series for Cairns SA4 building approvals fell to 96 in May, down 21.6% year-on-year and the lowest monthly reading since November 2024. Last month’s April read has also been revised, down to 101 from the 104 first reported. As flagged previously, the series is still working through …read more
The Conus Trend series for April comes in at 104, down 11.4% year-on-year and the lowest reading since January 2025. That number is not the story this month. The Trend is still absorbing the 468 Woree unit approvals from July 2025, and the unadjusted series is being dragged lower by …read more
While building approvals in July are up only very modestly (Australia Trend +2.4% y/y), the increase in Queensland is a far more impressive +10.1% y/y. That increase in QLD is being led by regional approvals, which are up 16.4% y/y, rather than in Greater Brisbane where the increase is just …read more
For the first time since Feb 2023 Residential Building Approvals in Queensland are up a year-on-year basis (+3.9%) having now risen for each of the past 4 months. While they still remain at historically low levels, this is a much better performance than at the national level where approvals remain …read more
Last week’s building approvals data showed approvals in November across Australia remained down 7.7% from a year earlier. In Queensland the result was better with a 5.0% increase. However, the data today of the regional breakdown of those numbers, when seen through the lens of the Conus Trend, show that …read more
Residential Building Approvals data for November shows Queensland registered a 20.0% jump on the back of strong unit approvals. From a year ago approvals are up 5.0% although house approvals remain down 14.0% and units are up 61.7%. Across the nation total approvals rose 3.6% for the month and are …read more
Data for October shows building approvals across the country fell by 12.9% m/m and are now down 8.1% from a year ago. The decline is being lead by unit approvals which are down 15.1% y/y while house have fallen just 4.4%. In Queensland total approvals edged higher in October by …read more
Given the declines we saw in residential building approvals at both the national and State level last week (see here for details) it should come as no surprise to see a similar pattern emerge in the North. However, what today’s release by the ABS of more granular original regional data …read more
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