Australia Building Approvals Jump 9.9% On Month In May
(RTTNews) - The total number of building permits issued in Australia was up a seasonally adjusted 9.9 percent in May, the Australian Bureau of Statistics said on Monday - coming in at 16,390.
That beat forecasts for a decline of 1.8 percent following the 2.4 percent contraction in April.
Permits for private sector houses fell 2.7 percent on month to 9.687, while permits for private sector dwellings excluding houses surged 32.0 percent to 6,376.
On a yearly basis, permits for private sector houses tumbled 29.5 percent, permits for private sector buildings excluding houses shed 5.4 percent and overall permits dropped 20.9 percent.
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Australia Business Conditions Edges Down, Confidence Rises - NAB
Australia's business conditions edged down one point in March, while confidence gained a point and cost pressures softened further, survey results from NAB showed on Tuesday.
The business conditions index fell to 9 in March from 10 in the previous month. Meanwhile, the business confidence indicator rose to 1 from zero in February.
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10 days ago
Australia February Trade Surplus A$7.280 Billion
Australia posted a seasonally adjusted merchandise trade surplus of A$7.280 billion in February, the Australian Bureau of Statistics said on Friday.
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14 days ago
Australia Retail Sales Rise 0.3% In February
The total value of retail sales in Australia was up a seasonally adjusted 0.3 percent on month in February, the Australian Bureau of Statistics said on Friday - coming in at A$35.869 billion.
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14 days ago
Australia Building Approvals Sink 1.9% In February
The total number of building approvals issued in Australia was down a seasonally adjusted 1.9 percent on month in February, the Australian Bureau of Statistics said on Thursday - coming in at 12,520.
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15 days ago
Australia Services Sector Accelerates In March - Judo
The services sector in Australia continued to expand in March, and at a faster pace, the latest survey from Judo Bank revealed on Thursday with a services PMI score of 54.4.
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15 days ago
RBA Minutes: Australia Economy Improving As Expected
Members of the Reserve Bank of Australia's Monetary Policy Board felt that the country's economic recovery was tracking mostly as expected, minutes from the central bank's March 19 policy meeting revealed on Tuesday.
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17 days ago
Australia Manufacturing PMI Slows To 47.3 - Judo
The manufacturing sector in Australia continued to contract in March, and at a faster pace, the latest survey from Judo Bank revealed on Tuesday with a manufacturing PMI score of 47.3.
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17 days ago
Australia Retail Sales Rise In February
Australia's retail sales expanded in February as Taylor Swift concerts lifted spending on clothing, merchandise, accessories and dining out, the Australia Bureau of Statistics said Thursday. Retail sales increased 0.3 percent in February, following a 1.1 percent rise in January and a fall of 2.1 percent in December. Sales were forecast to climb 0.4 percent.
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22 days ago
