Economic Buzz: Australia dwelling approvals fall 6% in August

Australia?s dwelling approvals fell 6% month-on-month to 14,744 units in August 2025, marking a softer decline than July?s revised 10% fall. Approvals for private sector dwellings excluding houses dropped 8.1%, while private houses slipped 2.6%. Despite the monthly weakness, total approvals were still 3% higher compared to a year earlier, though easing from July?s 5.4% annual growth.

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