Australia Building Permits Fall in February âšī¸
Australian dwelling approvals slightly decreased by 0.3% in February 2025, with varied regional performance across different states and territories, showing resilience in the housing construction sector.
Limited global market implications, minor fluctuation in housing sector with mixed regional trends
New Zealand Building Permits Rise in February âšī¸
New Zealand's building consents for new dwellings slightly increased by 0.7% month-on-month in February 2025, but annual consents declined by 7.4%, with non-residential building work value dropping 11%.
Modest construction sector data with minor fluctuations, limited direct impact on broad market indices and global investment portfolios