Australian Housing Approvals Plunged Over a Quarter During Omicron Outbreak

Australian Housing Approvals Plunged Over a Quarter During Omicron Outbreak
This picture shows a construction site in western Sydney, Australia, on July 22, 2021. Saeed Khan/AFP via Getty Images
Alfred Bui
Updated:

Homebuilding approvals across Australia plummeted in January 2022 due to a higher level of absenteeism and a slower administration process caused by the adverse effects of the COVID-19 Omicron variant.

More specifically, both private sector houses and the more unstable “other dwellings” category witnessed a sharp fall in the number of approvals in January.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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