Bloomberg News

Australia August Building Approvals Rose 11.4% From Prior Month

October 03, 2011

Oct. 4 (Bloomberg) -- Australian home-building approvals rose 11.4 percent in August from a month earlier, the Bureau of Statistics said in Sydney today. The median forecast was for a 1 percent gain in a Bloomberg News survey of 21 economists.

To contact the reporter on this story: Michael Heath in Sydney at mheath1@bloomberg.net

To contact the editor responsible for this story: Victoria Batchelor at vbatchelor@bloomberg.net


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