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Australian Building Permits MoM Prel (Jun) M/M 7.2% vs. Exp. -0.5% (Prev. -1.1%)

StockNow breaking-news AI analysis

Australia's building permits surged 7.2%, defying contraction forecasts. This growth complicates the RBA's inflation battle, as a split board balances housing supply needs against sticky 3.8% headline inflation.

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