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Australia Home Loans Sink 3.3% In June
(RTTNews) - The total value of owner-occupied home loans in Australia was down a seasonally adjusted 3.3 percent on month in June, the Australian Bureau of Statistics said on Tuesday - coming in at A$20.50 billion.
That missed expectations for a decline of 3.0 percent following the 2.1 percent increase in May.
Investment lending fell 6.3 percent on month to A$10.48 billion, while overall home loans sank 4.4 percent on month to A$30.97 billion.
On a yearly basis, owner-occupied home loans shed 9.6 percent and investment lending jumped 17.3 percent, so total home loans dipped 2.0 percent.
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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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2 일 전
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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3 일 전
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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10 일 전
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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15 일 전
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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15 일 전
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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18 일 전
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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22 일 전
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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22 일 전
