Australian total building permits fell -0.3% MoM in February after a 6.3% MoM surge in January.

• Private sector houses rose 1.0% MoM, to 9,203, while private sector dwellings excluding houses fell -1.5% MoM, to 7,113.
• The value of total residential building rose 5.0% MoM, to $9.65 billion.
• The value of non-residential building fell -16.5% MoM, to $4.69 billion.