Australia: Building permits

(measure: building permits, source: Australian Bureau of Statistics)
* indicates monthly or quarterly data series

Building permits in Australia, June, 2020: The data series span the period from January 1960 to June 2020. During that time, the average value for Australia was 12712 building permits with a minumum of 5359 building permits in January 1962 and a maximum of 23566 building permits in November 2017. The latest number is 12770, a change of -5.18% from the previous data point of 13468 building permits and a change of -10.58% from a year ago when the level was 14281 building permits.

The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown. See more information about that indicator on our Building permits page.
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Measure: building permits
Source: Australian Bureau of Statistics

Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.
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