The value of total housing loan refinancing between lenders fell 1.5 per cent but remained high at $19.1 billion in December 2022, according to data released today by the Australian Bureau of Statistics (ABS).
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Retail sales down 3.9 per cent after 11 consecutive rises
Australian retail turnover fell 3.9 per cent in December 2022, according to figures released today by the Australian Bureau of Statistics (ABS).
Read More »Apartment approvals drive December increase
The total number of dwellings approved rose 18.5 per cent in December, in seasonally adjusted terms, according to data released today by the Australian Bureau of Statistics (ABS).
Read More »Black Friday sales lift November retail turnover 1.4 per cent
Australian retail turnover rose 1.4 per cent in November 2022 to a new record high, according to figures released today by the Australian Bureau of Statistics (ABS).
Read More »12 Key Economic Stats for September Quarter
Our economy grew 0.6 per cent during the September quarter 2022, and 5.9 per cent compared to last year. This was the fourth consecutive quarter of growth since the COVID-19 Delta variant lockdowns. Household consumption drove the increase, growing 1.1 per cent. We spent more and saved less. The household …
Read More »Economic activity increased 0.6 per cent in September quarter
Australian Gross Domestic Product (GDP) rose 0.6 per cent in seasonally adjusted chain volume terms in the September quarter 2022 and by 5.9 per cent through the year, according to figures released by the Australian Bureau of Statistics (ABS) today.
Read More »Refinancing remained at record highs in October
The value of total new loan commitments for housing fell 2.7 per cent in October 2022 (seasonally adjusted), while the value of owner-occupier refinancing between lenders fell 1.3 per cent, according to data released today by the Australian Bureau of Statistics (ABS).
Read More »The monthly CPI indicator rose 6.9 per cent in the 12 months to October 2022
monthly Consumer Price Index (CPI) indicator rose 6.9 per cent in the year to October 2022, according to the latest data from the Australian Bureau of Statistics (ABS).
Read More »Building approvals continue to fall in October
number of dwellings approved fell 6.0 per cent in October, in seasonally adjusted terms, following a 8.1 per cent decrease in September, according to data released today by the Australian Bureau of Statistics (ABS).
Read More »Retail turnover falls for the first time in 2022
Australian retail turnover fell 0.2 per cent in October 2022, according to figures released today by the Australian Bureau of Statistics (ABS).
Read More »GDP – Its a State by State Result
Australian Gross Domestic Product (GDP) rose 3.6 per cent for the year but the State by State numbers tell the real story
Read More »Businesses turn to Australian made to ease supply chain pressure
One in two business owners (51%) would increase their use of Australian-based suppliers to tackle the countryβs ongoing supply chain issues, new NAB research shows. The pandemic has highlighted the fragility of global supply chains. Heightened goods demand, factory closures, rising freight rates, a reliance on ‘just-in-time’ inventory systems and …
Read More »Owner-occupier housing loans fell 9.3% in September
The value of new loan commitments for housing fell 8.2 per cent to $25.1 billion in September 2022 (seasonally adjusted), after a fall of 3.4 per cent in August, according to data released today by the Australian Bureau of Statistics (ABS).
Katherine Keenan, ABS Finance and Wealth Spokesperson, said: βThe value of new owner-occupier loan commitments fell by 9.3 per cent in September, while the value of new investor loan commitments fell 6.0 per cent.
"Although housing lending has fallen for four consecutive months, the value of loan commitments in September remained well above pre-pandemic levels. Owner-occupier loans in September were 23 per cent higher than in February
Read More »Building approvals fall in September
The total number of dwellings approved fell 5.8 per cent in September, in seasonally adjusted terms, following a 23.1 per cent increase in August, according to data released today by the Australian Bureau of Statistics (ABS).
Read More »Retail turnover up 0.6% in September
Australian retail turnover rose 0.6 per cent in September 2022, according to Retail Trade figures released today by the Australian Bureau of Statistics (ABS).Β
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