Urban Taskforce Australia CEO, Tom Forrest, said today that ABS housing data for new dwelling construction approvals across Australia in May 2026 shows a small decline in May from the data recorded for April 2026. When we are so far behind the targets, we need to improving every month, not going backwards.
However, based on the data over the past 12 months, there is a modest increase in the number of approvals, albeit, well below the numbers required to meet the National Housing Accord targets.
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