Australian Building Approvals: May 2026 Statistical Report

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Australian Bureau of Statistics has released its building approvals report for May 2026, revealing a complex landscape for the nation's construction sector. The data points to a divergence within the industry, marked by a slight contraction in residential approvals alongside a substantial surge in non-residential development values.

In seasonally adjusted terms, total dwelling unit approvals fell by 1.1% to 17,019 units, following a minor 0.2% decline in April. This contraction was primarily driven by private sector dwellings excluding houses, which fell sharply by 10.4% to 6,034 units. Conversely, approvals for private sector houses showed resilience, rising 2.8% to a total of 10,537 units.

While residential volume slowed, the total value of approved building work increased by 13.6% to $21.07 billion. These overall gains were propelled by a 41.0% jump in non-residential building values, which reached $10.83 billion following a 22.9% expansion the previous month.

The residential sector did not share this upward momentum. The total value of residential approvals dropped 5.7% to $10.24 billion. This decline was concentrated heavily in new residential building, which fell 6.6% to $8.88 billion, while the value of residential alterations and additions remained effectively flat, ticking up just 0.1% to $1.35 billion. 

Geographic Variances 

Building approval patterns varied significantly across Australia's states and territories. In seasonally adjusted terms, South Australia recorded the largest monthly increase in total dwelling approvals with a 10.9% rise to 1,471 units, while Queensland experienced the steepest decline, dropping 8.8% to 3,602 units. When looking at long-term trend estimates, which encompass the territories, the Northern Territory posted the strongest upward trajectory with a 14.5% surge. The Australian Capital Territory (ACT) sat at the opposite end of the spectrum, registering the sharpest trend decline at -12.9%. 

Long-Term Trend Estimates and Data Revisions

Nationally, the overall trend estimate for total dwelling approvals fell 0.5% to 17,423 units. Reflecting a similar stabilization, the trend estimate for the value of total building approvals saw a minor contraction of 0.3%, easing to $17.96 billion.
Back to articles

Actual Topics

Wed, 01 Jul 2026 14:04:48 GMT

US Manufacturing PMI May 2026: Factory Growth Hits 4-Year High Despite Geopolitical Headwinds

The U.S. manufacturing sector surged in May 2026, marking its fifth consecutive month of expansion with an ISM Manufacturing PMI of 54%. Up 1.3 percentage points from April, this represents the highest reading since May 2022 and signals 19 straight months of overall economic growth. Demand, Output, and Supply Chain Metrics Accelerating Demand: Both the New Orders Index (56.8%) and the Production

Mon, 29 Jun 2026 09:22:31 GMT

Bank of England: May 2026 Money and Credit Statistics

The May 2026 statistical release from the Bank of England reveals a cautious shift in UK borrowing behaviors, alongside a strong appetite for savings. High interest rates are visibly cooling the property market, pushing mortgage borrowing to a one-year low. In contrast, household consumer debt remains resilient, and savings deposits have surged particularly within tax-free ISAs. Individuals and Households Mortgages: Net

Fri, 26 Jun 2026 10:33:13 GMT

Euro Area Consumer Sentiment Shifts: Navigating Easing Inflation and Economic Caution

The European Central Bank's May 2026 Consumer Expectations Survey shows an improving but cautious economic outlook across the Eurozone. Short-term inflation expectations fell significantly to 3.5%, paired with a less severe projected economic contraction of -1.7%. Despite an uptick in expected income growth, consumers intend to decrease their spending growth, highlighting persistent caution amid a stable but softening labor market.

Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.