Australia Home Loans Rise 2.1% On Month In May
RTTNews
|
703 days ago
(RTTNews) - The value of owner-occupied home loans issued in Australia was up a seasonally adjusted 2.1 percent on month in May, the Australian Bureau of Statistics said on Monday - coming in at A$21.18 billion.
That beat expectations for a decline of 2.0 percent on month following the 7.3 percent contraction in April.
In May, the value of new loan commitments: rose 1.7 percent for housing; rose 5.1 percent for personal fixed term loans; fell 3.5 percent for business construction; and rose 19.5 percent for business purchase of property.
In May, the value of new loan commitments for total housing rose 1.7 percent to A$32.4 billion after a revised fall of 2.8 percent in April.
read more
Australia GDP Adds 0.1% In Q1
Australia's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
RTTNews
|
1 day ago
Australia Services Sector Slows In May - Judo Bank
The services sector in Australia continued to expand in May, albeit at a slower rate, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 52.5.
RTTNews
|
1 day ago
Australia Company Gross Operating Profits Sink 2.5% In Q1
Company gross operating profits in Australia were down a seasonally adjusted 2.5 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Tuesday.
RTTNews
|
2 days ago
Australia Has A$4.896 Billion Current Account Shortfall
Australia posted a seasonally adjusted current account deficit of A$4.896 billion in the first quarter of 2024, the Australian Bureau of Statistics said on Tuesday
RTTNews
|
2 days ago
Japan Monetary Base Rises 0.9% On Year In May
The monetary base in Japan was up 0.9 percent on year in May, the Bank of Japan said on Tuesday - coming in at 678.824 trillion yen.
RTTNews
|
2 days ago
Australia Manufacturing PMI Improves To 49.7 In May - Judo Bank
The manufacturing sector in Australia continued to contract, albeit at a slightly slower pace, the latest survey from Judo Bank revealed on Monday with a manufacturing PMI score of 49.7.
RTTNews
|
3 days ago
Australia Private Sector Credit Climbs 0.5% In April
Total credit to the private sector in Australia was up 0.5 percent on month in April, the Reserve Bank of Australia said on Friday - exceeding expectations for 0.4 percent, which would have been unchanged from the March reading following an upward revision from 0.3 percent.
RTTNews
|
6 days ago
Australia Construction Work Slumps 2.9% In Q1
The value of total construction work done in Australia was down a seasonally adjusted 2.9 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$64.032 billion.
RTTNews
|
8 days ago