Decade-low building approvals could spell disaster for the...

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    Decade-low building approvals could spell disaster for the future of the Australian government's ambitious plans to tackle the worsening housing crisis, property experts say.New statistics released by the Australian Bureau of Statistics show the total number of dwellings approved in April fell by 0.3 per cent from the month prior.Approvals were also down in three out of the seven states, while the Northern Territory remained flat from the month before.Approvals in Western Australia, South Australia, Tasmania and New South Wales were all marginally up.

    ABC
 
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