Business
Housing approvals hit record high ahead of HomeBuilder grant cut – Sydney Morning Herald
Housing approvals hit a record high at the end of 2020 as home builders rushed to take full advantage of historic low interest rates and the federal government’s…
National house approvals have now hit a new high after six consecutive monthly increases, with every state seeing a surge in December. Tasmania was up 67 per cent over the month, with Queensland approvals rising 24 per cent, South Australia 17 per cent, Victoria 9 per cent, Western Australia 8 per cent and NSW 2 per cent.
ABS director of construction statistics Daniel Rossi said the figures for house approvals were new records for Victoria, South Australia and Western Australia. NSW is at its highest…
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