Thursday, April 16, 2026
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Building Slump Worsens

Good morning, it’s Amy in Melbourne with your Friday newsletter.

Today’s must-reads:
• Apartment approvals tumble
• Aviva Investors targets super funds
• Small business innovation

Australia’s stressed housing market has turned up some more bad news: apartment approvals tumbled to a 12-year low in February. Annual numbers are close to 163,000, which is “just way too low” according to Diana Mousina, a senior economist at AMP.

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