Business

Building approvals jump 2.7%

November 4, 2009

Australian building approvals rose 2.7 per cent to 12,476 units in September, seasonally adjusted, from an upwardly revised 12.145 units in August, the Australian Bureau of Statistics said on today.

In the year to September, building approvals were up 11.7 per cent.

The market forecast was for building approvals to have recorded a rise of 2.0 per cent in the month.

More to come
AAP

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