The total number of building permits issues in Australia was down a seasonally adjusted 1.8 percent on month in August, the Australian Bureau of Statistics said on Tuesday - coming in at 20,788.
That beat forecasts for a decline of 6.0 percent following the upwardly revised 12.0 percent spike in July (originally 11.3 percent).
On a yearly basis, building permits jumped 10.1 percent - also topping expectations for 5.1 percent following the upwardly revised 4.2 percent gain in the previous month (originally 3.1 percent).
The value of new residential building approvals was up 1.0 percent, rising for the ninth straight month.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.