Advertisement
Australia Building Approvals Surge 28.1% In August
(RTTNews) - The total number of building permits issued in Australia was up a seasonally adjusted 28.1 percent on month in August, the Australian Bureau of Statistics said on Tuesday - coming in at 17,497.
That follows the 18.2 percent decline in July.
Approvals for private sector houses rose 4.1 percent on month to 10,459, while approvals for private sector dwellings excluding houses skyrocketed 99.1 percent to 6,766.
On a yearly basis, approvals for houses fell 14.4 percent and approvals for dwellings excluding houses dipped 1.2 percent and overall approvals were down 9.5 percent.
The value of non-residential building rose 15.1 percent on month, while the value of total building rose 23.5 percent.
read more
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.
RTTNews
|
3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.
RTTNews
|
9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.
RTTNews
|
9天前
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.
RTTNews
|
11天前
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.
RTTNews
|
16天前
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.
RTTNews
|
16天前
Australia Building Approvals Jump 11.9% In June
The total number of building approvals issued in Australia was up a seasonally adjusted 11.9 percent on month in June, the Australian Bureau of Statistics said on Thursday - standing at 17,076.
RTTNews
|
16天前
Australia Manufacturing PMI Climbs To 51.6 - S&P Global
The manufacturing sector in Australia continued to expand in July, a preliminary survey from S&P Global revealed on Thursday with a manufacturing PMI score of 51.6.
RTTNews
|
23天前
