The number of construction starts on new homes in the past month. The figure, officially called Construction of Dwellings, measures growth in the construction sector and reflects the overall health of the housing market. Increased spending on expensive items like new homes reflects consumer optimism towards the economy. The headline number is the percentage change in Dwelling Starts from the previous month's figure.

Relevance : Rarely affects markets
Release Schedule : 1:30 (GMT); quarterly, three months after the quarter reported
Source of Report : Australian Bureau of Statistics
Web Address : http://abs.gov.au/
Address of Release : http://www.abs.gov.au/ausstats/abs%40.nsf/mf/5609.0
AKA: Construction of Dwellings, New Home Starts