Building Approvals

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december, 2019

02dec12:30 am12:30 amBuilding ApprovalsIMPACT: AUDUSD & AUD CROSSES12:30 am - 12:30 am UTC Event Type :Medium Impact Time has ran out! Better luck next time!

Event Details

What is this event?

It’s an excellent gauge of future construction activity because obtaining government approval is among the first steps in constructing a new building.

Measures

Change in the number of new building approvals issued.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for currency.

Frequency of event

Released monthly, about 30 days after the month ends.

Source of Data

Australian Bureau of Statistics (latest release)

Time

(Monday) 12:30 am - 12:30 am

Australia - Flag - Economic Data

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