FX.co ★ Recovery in Australia Building Permits Confirmed

Australia’s seasonally adjusted dwelling approvals rose 5.1% month-on-month to 17,948 units in September 2026, in line with preliminary estimates and rebounding from a 5.2% fall in August. This was the first increase in three months, underpinned by a strong recovery in private-sector dwellings excluding houses, which jumped 16.6% to 6,579 units after a 21.7% slump in the previous month. In contrast, private-sector house approvals declined 5.3% to 10,432 units, reversing August’s 5.4% rise. By state and territory, approvals climbed sharply in New South Wales (37.3%) and Queensland (28.0%), but fell in Victoria (-28.9%), Tasmania (-25.7%), Western Australia (-8.7%), and South Australia (-3.2%). On an annual basis, total dwelling approvals edged down 0.8%, swinging from a 12.1% increase in August.