Advertisement
Australia Building Consents Sink 7.7% In June
(RTTNews) - The total number of building permits issued in Australia was down a seasonally adjusted 7.7 percent on month in June, the Australian Bureau of Statistics said on Tuesday - coming in at 13,808.
That beat expectations for a decline of 8.0 percent following the downwardly revised 20.5 percent increase in the previous month (originally 20.6 percent).
On a yearly basis, approvals fell 18.0 percent.
Approvals for private sector houses sank 1.3 percent on month and 17.4 percent on year to 8,048, while approvals for private sector dwellings excluding houses slumped 21.0 percent on month and 21.4 percent on year to 5,229.
The total value of building permits was up 1.2 percent on month to A$14.817 billion.
read more
RBA Minutes: Global Growth Likely To Slow In H2 2025
Members of the Reserve Bank of Australia's Monetary Policy Board felt that the country's economic growth was expected to slow in the second half of 2025, minutes from the central bank's November 4 monetary policy meeting revealed on Tuesday.
RTTNews
|
2h 3min ago
Australia Jobless Rate Falls To 4.3% In October
The unemployment rate in Australia came in at a seasonally adjusted 4.3 percent in October, the Australian Bureau of Statistics said on Thursday.
RTTNews
|
5 days ago
Australia Home Loans Jump 6.4% In Q3
The total number of new home loans issued in Australia was up a seasonally adjusted 6.4 percent on quarter in the third quarter of 2025, the Australian Bureau of Statistics said on Wednesday - coming in at 141,470.
RTTNews
|
6 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews
|
12 days ago
Australia Services Index Inches Higher In October - S&P Global
The service sector in Australia continued to expand in October, and at a slightly faster rate, the latest survey from S&P Global revealed on Wednesday with a PMI score of 52.5.
RTTNews
|
13 days ago
Australia Keeps Interest Rate Unchanged
The Reserve Bank of Australia maintained its key interest rate as the full effects of earlier rate cuts are yet to be felt and policymakers became cautious after data showed evidence of more persistent inflation. The policy board governed by Michele Bullock decided to hold the cash rate at 3.60 percent, as widely expected, on Tuesday.
RTTNews
|
13 days ago
Australia Building Approvals Jump 12.0% In September
The total number of building permits issued in Australia was up a seasonally adjusted 12.0 percent on month in September, the Australian Bureau of Statistics said on Monday - coming in at 17,019.
RTTNews
|
15 days ago
Australia Manufacturing PMI Slips Into Contraction - S&P Global
The manufacturing sector in Australia fell into contraction territory in October, the latest survey from S&P Global revealed on Monday with a Performance of Manufacturing Index score of 49.7.
RTTNews
|
15 days ago
