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House approvals plunge back to 1970s levels

January 9, 2026 - 11:00 -- Admin

As of the latest building approvals data from the ABS, in the last 12 months, 111,500 detached houses were approved for construction. This result comes with both good news and bad news. The good news is that the figure for detached house approvals is up by 6,800 homes from the lows seen in December 2023.

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