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The impacts of the HomeBuilder scheme are not likely to be felt until later this year. Photo: Shutterstock

Building approvals slump to 8-year low

Building approvals data is yet to show the impacts of the federal government’s HomeBuilder grants, with the latest figures from the Australian Bureau of Statistics revealing approvals hit an eight-year low in June.

Total dwelling approvals fell 4.9 per cent in June, with double digit falls recorded…

Building approvals data is yet to show the impacts of the federal government’s HomeBuilder grants, with the latest figures from the Australian Bureau of Statistics revealing approvals hit an eight-year low in June.

Total dwelling approvals fell 4.9 per cent in June, with double digit falls recorded…

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