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Australia Overall Home Loans Rise 1.0% In November
(RTTNews) - The overall value of home loans in Australia was up a seasonally adjusted 1.0 percent on month in November, the Australian Bureau of Statistics said on Friday = coming in at A$27.58 billion.
Owner-occupied housing loans rose 0.5 percent on month to A$17.86 billion and investment lending added 1.9 percent to A$9.72 billion.
On a yearly basis, overall lending rose 13.1 percent, owner-occupied lending climbed 10.6 percent and investment lending jumped 18.0 percent.
For housing construction, finance fell 4.8 percent on month after a rise of 1.2 percent in October. For the purchase of property, finance fell 6.4 percent after a fall of 3.7 percent in October.
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Australia Trims Key Interest Rate For Third Time This Year; Cuts Growth Outlook
The Reserve Bank of Australia reduced its benchmark interest rate by a quarter-point for the third time this year as underlying inflation continued to moderate, while economic growth outlook was lowered due to weaker-than-expected recovery in public demand. The board decided to trim the cash rate target by 25 basis points to 3.60 percent. The decision was unanimous.
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Australia June Trade Surplus A$5.365 Billion
Australia posted a seasonally adjusted merchandise trade surplus of A$5.365 billion in June, the Australian Bureau of Statistics said on Thursday.
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6 dias atrás
Australia Building Approvals Jump 11.9% In June
The total number of building approvals issued in Australia in June was up a seasonally adjusted 11.9 percent on month, the Australian Bureau of Statistics said on Thursday - coming in at 17,076.
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6 dias atrás
Australia Services Sector Accelerates In July
The services sector in Australia continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 54.1.
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Australia Export Prices Sink 4.5% In Q2
Export prices in Australia were down 4.5 percent on quarter and 3.3 percent on year in the second quarter of 2025, the Australian Bureau of Statistics said on Thursday.
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13 dias atrás
Australia Retail Sales Rise 1.2% In June
Retail sales in Australia were up a seasonally adjusted 1.2 percent on month in June, the Australian Bureau of Statistics said on Thursday - coming in at A$37.906 billion.
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13 dias atrás
Australia Building Approvals Jump 11.9% In June
The total number of building approvals issued in Australia was up a seasonally adjusted 11.9 percent on month in June, the Australian Bureau of Statistics said on Thursday - standing at 17,076.
RTTNews
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Australia Manufacturing PMI Climbs To 51.6 - S&P Global
The manufacturing sector in Australia continued to expand in July, a preliminary survey from S&P Global revealed on Thursday with a manufacturing PMI score of 51.6.
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