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Australia Home Loans Ease 1.0% In June
(RTTNews) - The total value of home loans in Australia was down a seasonally adjusted 1.0 percent on month and 18.2 percent on year in June, the Australian Bureau of Statistics said on Tuesday - standing at A$24.60 billion.
Owner-occupied home loans were down 2.8 percent on month and 19.9 percent on year at A$15.91 billion, while investment lending rose 2.6 percent on month and shed 15.0 percent on year at A$8.69 billion.
Loans for business construction dropped 12.3 percent on month and gained 3.7 percent on year at A$2,33 billion, while the purchase of business property sank 11.4 percent on month and 15.4 percent on year to A$5.23 billion.
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Australia GDP Growth Accelerates In Q2
The Australian economy expanded at a faster pace in the second quarter after severe weather events damped activity in the preceding quarter, data from the Australian Bureau of Statistics revealed on Wednesday. Gross domestic product growth doubled to 0.6 percent in the June quarter from 0.3 percent in the March period. The rate also exceeded economists' forecast of 0.5 percent.
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16小时12分钟前
Australia Manufacturing PMI Picks Up Steam In August - S&P Global
The manufacturing sector in Australia continued to expand in August, and at a faster rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 53.0.
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2天前
Australia Inflation Accelerates To 1-Year High
Australia's consumer price inflation accelerated more than expected to a one-year high in July, indicating a more gradual approach to monetary policy easing. The CPI indicator advanced 2.8 percent year-on-year in July, following June's 1.9 percent rise, the Australian Bureau of Statistics reported. This was the strongest since July 2024.
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7天前
Australia Manufacturing PMI Improves To 52.9 - S&P Global
The manufacturing sector in Australia continued to expand in August, and at a faster rate, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 52.9.
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14天前
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.
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15天前
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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22天前
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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27天前
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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27天前
