The ABS today released the September Building Approvals numbers. As expected, weakness is the story with signs of the downturn accelerating. Seasonally adjusted, total dwelling approvals are down 14.1% YoY however there was surprising strength in dwellings excluding houses (apartments/units). In trend terms all dwelling approvals were down month on month with the headline contraction at -1.9% To view the full details visit the ABS at http://www.abs.gov.au/ausstats/abs@.nsf/latestProducts/8731.0Media%20Release1Sep%202018