Australia Home Loans Drop 2.9% In October
(RTTNews) - The value of owner-occupied home loans issued in Australia in October was down a seasonally adjusted 2.9 percent on month, coming in at A$17.16 billion.
That exceeded expectations for a decline of 4.5 percent following the 9.3 percent drop in September.
On a yearly basis, home loans stumbled 17.2 percent.
Investment lending fell 2.2 percent on month and 17/0 percent on year to A$8.62 billion.
Overall lending shed 2.7 percent on month and 17.1 percent on year to A$25.79 billion.
read more
Australia Private Sector Credit Adds 0.6% In December
Private sector credit in Australia was up a seasonally adjusted 0.6 percent on month in December, the Reserve Bank of Australia said on Friday - unchanged from the previous month and exceeding expectations for 0.5 percent.
RTTNews
|
1 day ago
Australia Producer Prices Rise 0.8% In Q4
Final demand producer prices in Australia were up 0.8 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Friday.
RTTNews
|
1 day ago
Australia Inflation Softens In December
Australia's consumer price inflation eased in December to the lowest since early 2021 on falling electricity and auto fuel prices, the Australian Bureau of Statistics reported Wednesday. Consumer prices logged an annual increase of 2.4 percent in the December quarter, following a 2.8 percent rise in the preceding period. This was the lowest rate since March 2021.
RTTNews
|
3 days ago
Australia Inflation Rises 0.2% On Quarter In Q4
Consumer prices in Australia were up a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday - shy of forecasts for 0.3 percent but unchanged from the previous quarter.
RTTNews
|
3 days ago
Australia NAB Business Conditions Recover In December
Australia's business conditions rebounded in December with retail entering positive territory for the first time since November 2023, a survey from the National Australia Bank showed on Tuesday. The business conditions index rose three points to +6 and almost returned to the long-run average. The survey showed a notable uplift in retail conditions.
RTTNews
|
4 days ago
Australia Manufacturing PMI Improves To 49.8 In January - S&P Global
The manufacturing sector in Australia continued to contract in January, albeit at a slower pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.8.
RTTNews
|
8 days ago
Australia Jobless Rate Climbs To 4.0% In December
The unemployment rate in Australia came in at a seasonally adjusted 4.0 percent in December, the Australian Bureau of Statistics said on Thursday - in line with expectations and up from 3.9 percent in November.
RTTNews
|
16 days ago
Australia Westpac Consumer Sentiment Weakens In January
Australia's consumer confidence weakened in January but things are expected to improve, survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index declined 0.7 percent to 92.1 in January from 92.8 in December. Among five sub-indices of consumer confidence, the two indicators tracking current conditions declined.
RTTNews
|
18 days ago
