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Approved dwellings fell 3.3% in June 2010

Approved dwellings fell 3.3% in June 2010

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Old Aug 11th 2010, 11:05 pm
  #1  
ABCDiamond
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Default Approved dwellings fell 3.3% in June 2010

Recent figures from the Australian Bureau of Statistics (ABS) have shown newspaper headlines similar to:

Approved dwellings fell 3.3% in June 2010

This indicates that the numbers of new buildings is falling, and this headline has been mentioned on here before, to explain that less buildings are in the pipeline than before. This has also explained why building workers may experience problems.

However, the figures from the ABS show the following:

Total residential building, Number of New Dwelling Units approved for the 12 months ended:

161,258 Jun-2005
150,277 Jun-2006
152,071 Jun-2007
161,292 Jun-2008
132,004 Jun-2009
167,567 Jun-2010
The 12 months ended June 2010 is actually the highest in the last SIX years.
 
Old Aug 12th 2010, 1:39 am
  #2  
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Default Re: Approved dwellings fell 3.3% in June 2010

Originally Posted by ABCDiamond
Recent figures from the Australian Bureau of Statistics (ABS) have shown newspaper headlines similar to:

Approved dwellings fell 3.3% in June 2010

This indicates that the numbers of new buildings is falling, and this headline has been mentioned on here before, to explain that less buildings are in the pipeline than before. This has also explained why building workers may experience problems.

However, the figures from the ABS show the following:


The 12 months ended June 2010 is actually the highest in the last SIX years.
With [supposedly] less migrants coming in maybe less housing this coming year mate?
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Old Aug 12th 2010, 1:52 am
  #3  
ABCDiamond
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Default Re: Approved dwellings fell 3.3% in June 2010

Originally Posted by sonlymewalter
With [supposedly] less migrants coming in maybe less housing this coming year mate?
But we will need more migrants to cope with the increased number of housing starts this year....

132,004 12 months to Jun-2009
167,567 12 months to Jun-2010
 
Old Aug 12th 2010, 1:59 am
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Default Re: Approved dwellings fell 3.3% in June 2010

Originally Posted by ABCDiamond
But we will need more migrants to cope with the increased number of housing starts this year....

132,004 12 months to Jun-2009
167,567 12 months to Jun-2010
Isn't the idea to use internal resources i.e. create jobs for those already in Aus?
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Old Aug 12th 2010, 2:01 am
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Default Re: Approved dwellings fell 3.3% in June 2010

Originally Posted by sonlymewalter
Isn't the idea to use internal resources i.e. create jobs for those already in Aus?
In theory yes,
 
Old Aug 12th 2010, 2:02 am
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Default Re: Approved dwellings fell 3.3% in June 2010

Originally Posted by ABCDiamond
In theory yes,
In practice no
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