Local rise in building approvals but pressure remains

Submitted 14/10/2010

Migration for Business Growth

 

Figures released by the Australian Bureau of Statistics indicate South Australia's total building approvals increased in August, however private housing approvals decreased.

Total building approval figures for South Australia increased by a seasonally adjusted 11.2 per cent in August and nationally the figures decreased 4.7 per cent from the previous month.

Approvals for private housing in South Australia decreased 3.6 per cent, while naitonal figures also decreased 4.3 per cent.