FX.co ★ Australian Building Approvals Stall in July, Holding at -3.6% MoM

Australia’s building approvals remained under pressure in July 2026, with the month-over-month change holding steady at -3.6%, according to data updated on 8 September 2026. The figure shows no improvement from the previous reading, which also registered a -3.6% change in July 2026 when compared with the prior month.

The unchanged negative rate indicates that construction intentions are not yet showing signs of recovery, as the sector continues to face the same headwinds that weighed on approvals in the previous comparison period. Market participants tracking the housing and construction outlook will likely interpret the flat reading as a signal that underlying demand and confidence in new building projects remain subdued for now.