Australian residential building approvals fell 7.6 per cent to 12,540 units in October. Forecasts were for a decline of 1.6 per cent.
This compares to an upwardly revised 13,575 units in September, seasonally adjusted. In the year to October, building approvals were up 14.5 per cent, the ABS said
www.theage.com.au
daytrading dec 4 morning, page-51
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