The total number of building permits issued in Australia in was up a seasonally adjusted 15.2 percent on month in November, the Australian Bureau of Statistics said on Wednesday - coming in at 18,406.
That beat expectations for an increase of 2.0 percent following the 6.1 percent contraction in October.
On a yearly basis, building permits jumped 20.2 percent after slipping 2.2 percent in the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.