Data

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Retail sales fell 2.7% in July

Australian retail turnover fell 2.7 per cent in July 2021, seasonally adjusted, according to the Retail Trade figures released today by the Australian Bureau of Statistics

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REITs grow by $42bn

The FY21 financial year saw significant changes in the Australian listed REITs with major acquisitions, growth in valuations and a number of mergers & acquisitions driving the market.

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Dwelling approvals fall further in June

The number of dwellings approved fell 6.7 per cent in June (seasonally adjusted), for a third consecutive month, following a 7.6 per cent fall in May and a 5.0 per cent fall in April,

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Pre-Lock Down Business Conditions were at record highs

A report by NAB released this week showed Business Conditions (pre-July locked down) were at record highs. Business conditions rose strongly in the Q2 Business Survey with the Conditions index increasing 12pts to +32, a record high for the survey.Β  This was also true of all the sub-indices of business …

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Investor housing loan commitments surge 13.3 per cent

New housing loan commitments rose 4.9 per cent in May 2021 (seasonally adjusted) to a new high of $32.6 billion, driven by investor housing loan commitments, according to statistics released today by the Australian Bureau of Statistics (ABS). ABS head of Finance and Wealth, Katherine Keenan, said: β€œThe value of …

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