Australia July Trade Surplus A$6.009 Billion

RTTNews | 353 days ago
Australia July Trade Surplus A$6.009 Billion

(RTTNews) - Australia posted a merchandise trade surplus of A$6.009 billion in July, the Australian Bureau of Statistics said on Thursday.

That exceeded expectations for a surplus of A$5.050 billion and was up from the downwardly revised A$5.425 billion surplus in June (originally A$5.589 billion).

Exports were up 0.7 percent following the downwardly revised 1.4 percent increase in the previous month (originally 1.7 percent).

Imports fell 0.8 percent on month after adding a downwardly revised 0.4 percent a month earlier (originally 0.5 percent).

read more
Australia Consumer Sentiment At 3 1/2 Year High: Westpac

Australia Consumer Sentiment At 3 1/2 Year High: Westpac

Australia's consumer confidence improved to a three-and-a-half year high in August as the central bank is expected to lower rates further after a third cut this year, monthly survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index rose to 98.5 in August from 93.1 in June.
RTTNews | 5 days ago
Australia Trims Key Interest Rate For Third Time This Year; Cuts Growth Outlook

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.
RTTNews | 12 days ago
Australia Building Approvals Jump 11.9% In June

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.
RTTNews | 17 days ago
Australia Services Sector Accelerates In July

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.
RTTNews | 19 days ago
Australia Export Prices Sink 4.5% In Q2

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.
RTTNews | 24 days ago
Australia Retail Sales Rise 1.2% In June

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.
RTTNews | 24 days ago