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AAP

Business

Poppy Johnston

FORGOTTEN HISTORY: New apartments trigger jump in building approvals - The Untold Story

New large-scale apartment projects drove a strong rise in dwelling approvals in December. (Jono Searle/AAP PHOTOS) (AAP)

New large-scale apartment projects drove an uptick in dwelling approvals in the final month of 2022.

The data set from the Australian Bureau of Statistics rose 18.5 per cent in December, driven by major apartment developments that are notoriously volatile.

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