Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Politics
Jacob Shteyman

Home approvals rise as Australia's economy turns corner

Home building approvals are up by 30 per cent compared to April 2023, fuelled by new apartments. (James Ross/AAP PHOTOS)

A surge in apartment approvals in NSW has lifted new dwelling consents to the highest level in more than two years, amid a broader recovery in private sector investment.

Australia-wide, 16,579 dwellings were approved in January, up 6.3 per cent on the month prior, the Australian Bureau of Statistics revealed.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.