Dwelling approvals in Australia saw a 5.5% increase in May, following a 1.9% rise in April, as per seasonally adjusted data from the Australian Bureau of Statistics.

Daniel Rossi, ABS head of construction statistics, noted a 16.3% rise in approvals for private sector dwellings excluding houses, alongside a 2.1% increase for private sector houses.

All states reported growth in total dwelling approvals, with Western Australia leading at 19.6%, followed by Victoria at 8.9%, Queensland at 6.3%, South Australia at 4.1%, Tasmania at 3.8%, and New South Wales at 2.9%.

Total building approvals valued at $13 billion saw a 0.6% increase, with residential building up 2.3% to $7.6 billion, driven by a 4.4% rise in new residential building offset by a 9.3% decline in alterations and additions.

Non-residential building approvals fell 1.6% to $5.4b following a 0.7% increase in April.