Victorian building permits top $29 billion in 2015
Wednesday, 23 March 2016
At almost $30 billion, Victoria has just recorded its biggest year ever for the value of building work reported to the Victorian Building Authority (VBA).
A total of $29.8 billion of building permits were recorded in the state for the 12 months to the end of December 2015, 10.6 per cent above the previous high of $26.9 billion in 2014. At the same time, the number of building permits reported to the VBA increased by 3.1 per cent to 107,343, up from 104,114 the previous year.