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Australia Owner-Occupied Home Loans Jump 5.6% In October
(RTTNews) - The value of owner-occupied home loans in Australia was up a seasonally adjusted 5.6 percent on month in October, the Australian Bureau of Statistics said on Monday - coming in at A$17.23 billion.
That beat expectations for an increase of 0.8 percent following the 0.1 percent decline in September.
On a yearly basis, loans were up 1.4 percent.
Investment lending climbed 5.0 percent on month and 12.1 percent on year to A$9.52 billion.
Construction loans were up 1.2 percent on month and down 0.7 percent on year at A$2.35 billion, while loans for the purchase of property sank 4.7 percent on month and climbed 4.9 percent on year to A$5.77 billion.
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Australia Services PMI Fades In September - S&P Global
The services sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Friday with a services PMI score of 53.4.
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1 dia atrás
Australia Household Spending Growth Weakens, Trade Surplus Declines
Australia's household spending grew at a slower pace in August and the trade surplus declined sharply as exports of gold decreased dramatically, official data showed on Thursday. Household spending rose only 0.1 percent from July, when consumption grew 0.4 percent, the Australian Bureau of Statistics said. This was the weakest expansion in four months.
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2 dias atrás
Australia Manufacturing Sector Ebbs In September - S&P Global
The manufacturing sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 51.4.
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3 dias atrás
Reserve Bank Of Australia Keeps Rate Steady
The Reserve Bank of Australia retained its interest rate after a quarter-point cut last month, as policymakers became cautious over rising inflation. As widely expected, the board governed by Michele Bullock decided to hold the cash rate at 3.60 percent on Tuesday. Previously, the bank had reduced the rate by 25 basis points each in August, May and February.
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4 dias atrás
Australia Private Sector Credit +0.6% On Month In August - RBA
Private sector credit in Australia was up 0.6 percent on month in August, the Reserve Bank of Australia said on Tuesday - in line with expectations and easing from 0.7 percent in July.
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4 dias atrás
Australia Building Consents Slump In August
The total number of building permits issued in Australia was down a seasonally adjusted 6.0 percent on month in June, the Australian Bureau of Statistics said on Tuesday - coming in at 14,744.
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4 dias atrás
Australia Manufacturing PMI Slips To 51.6 - S&P Global
The manufacturing sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 51.6.
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11 dias atrás
Australia Business Conditions Improve; Confidence Falls
Australia's business conditions improved in August but confidence weakened after four consecutive increases, survey results from NAB showed Tuesday. The business conditions gained two points to 7 in August and remained around its long-run average. The improvement in August reflected gains in employment and profitability, while trading conditions stayed unchanged compared to the prior month.
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25 dias atrás
