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Tag: Australia

Australia July Private Sector Credit Growth Slows Unexpectedly

Aug 31 2012 03:31:02 Stanimir Zhelev in Market

Credit extended to Australia's private sector increased at a slower pace in July, contrary to economists' forecast for a faster growth, data released by the Reserve Bank of Australia showed Friday. Credit provided by the country's financial intermediaries increased 0. Read more

Australia Business Investment Expands On Mining

Aug 30 2012 06:31:02 Stanimir Zhelev in Market

Australia's business investment expanded more than expected in the second quarter as investment growth in mining offset declines in the manufacturing and other sectors. Data released by the Australian Bureau of Statistics on Thursday showed that total new capital expenditure grew 3. Read more

Australia Construction Work Done Declines In Q2

Aug 29 2012 04:31:02 Stanimir Zhelev in Market

The value of construction work completed in Australia declined in the second quarter led by a fall in building construction, data from the Australian Bureau of Statistics showed Wednesday. The seasonally adjusted value of construction work done fell 0. Read more

Australia New Home Sales Drop 5.6% In July - HIA

Aug 28 2012 02:01:02 Stanimir Zhelev in Market

The total number of new home sales in Australia was down 5.6 percent on month in July, the Housing Industry Association said on Tuesday, falling for the first time in four months. Sales were up 2.8 percent on month in June. Among the individual components, multiunit sales were down 6. Read more

Australia Leading Index Shows Modest Gain - Conf. Bd.

Aug 24 2012 01:01:07 Stanimir Zhelev in Market

The Conference Board's Leading Index for Australia increased in June by 0.2 percent, the board announced Friday. The coincident index increased by 0.1 percent for June. Read more

Australia Internet Job Vacancy Index Falls 3.7%

Aug 22 2012 06:31:02 Stanimir Zhelev in Market

Online job vacancies in Australia declined notably in July, the latest report from the Department of Education, Employment and Workplace Relations revealed Wednesday. The seasonally adjusted Internet Vacancy Index fell 3.7 percent month-on-month in July. Read more

Australia Leading Index Signals Better Economic Growth

Aug 22 2012 06:01:03 Stanimir Zhelev in Market

A leading indicator of Australia's economic activity rose at the fastest pace in almost a year in June, suggesting a moderate but improved economic growth in the second half of 2012 and into 2013, a survey by Westpac Institutional Bank and Melbourne Institute showed Wednesday. Read more

Australia Leading Index Rises 0.5% On Month In June - Westpac

Aug 22 2012 02:01:03 Stanimir Zhelev in Market

A key leading index in Australia was up 0.5 percent on month in June, Westpac Bank said on Wednesday, coming in at a score of 284. That slows from the upwardly revised 0.9 percent increase to 2.82.6 in May - which saw an original improvement of 0.8 percent. The coincident index was up 0. Read more

House Prices Decline Modest in Australia, says Rba's Debelle

Aug 16 2012 07:31:02 Stanimir Zhelev in Market

RBA's Debelle said that house prices decline in Australia has been modest so far and there is very little chance for a slump in home prices He said that Europe has to decide in next few months if it wants to stay to gather or break up the union On Strong Australian dollar, ... Read more

Australia Inflation Expectations Decrease In August

Aug 16 2012 07:31:02 Stanimir Zhelev in Market

Australia's inflation expectations declined in August, a report from the Melbourne Institute showed Thursday. The median expected inflation rate fell by 0.9 percentage points to 2.4 percent in August. This outcome is within the Reserve Bank of Australia's target band of 2-3 percent. Read more

Australia Avg. Weekly Earnings Rise 0.4%

Aug 16 2012 07:01:03 Stanimir Zhelev in Market

Average weekly earnings in Australia increased 0.4 percent in the three months to May compared to the preceding three months, the Australian Bureau of Statistics said Thursday. In the public sector, weekly wages rose 0.7 percent compared to the three months ended February, while it rose 0. Read more

Australia Data Due On Thursday

Aug 15 2012 23:31:21 Stanimir Zhelev in Market

Australia will release a batch of economic numbers on Thursday, highlighting a modest day for Asia-Pacific economic activity. On tap are May figures for average weekly wages, July numbers for RBA foreign exchange transfers and August data for consumer inflation expectations. Read more

Australia Business Morale Rebounds; Trading Conditions Worsen: NAB Survey

Aug 14 2012 06:01:04 Stanimir Zhelev in Market

Confidence among Australian businesses rebounded in July after deteriorating steadily over the previous two months, a survey by the National Australia Bank (NAB) showed Tuesday. Read more

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