AUD News

The Reserve Bank of Australia decided to leave its cash rate as expected at its December meeting.

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The services sector in Australia remained in contraction in November, the latest survey from the Australian Industry Group revealed on Wednesday, with a PMI score of 43.8.

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The construction sector in Australia fell into contraction in November, the latest survey from the Australian Industry Group and the Housing Industry Association revealed on Friday, with a PMI score of 45.4.

That's down sharply from 53.4 in October, and it slides well below the boom-or-bust line of 50 that separates expansion from contraction.

The decline was punctuated by a fall in activity (down 6.7 points to 47.4) and new orders (down 8.5 points to 44.0) across all four construction industry sub-sectors in November.

This contributed to a sharp fall in construction employment (down 8.5 points to 42.0) and deliveries from suppliers (down 8.9 points to 50.1).


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The total number of new motor vehicle sales in Australia was down a seasonally adjusted 0.6 percent on month in November, the Australian Bureau of Statistics said on Monday, coming in at 91,869.

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Australia's job vacancies fell in November, government data showed Wednesday.

Total job vacancies dropped by a seasonally adjusted 0.8 percent month-over-month in November. Vacancies had remained unchanged in October.

However, labouring job vacancies rose 0.6 percent in November from a month earlier.

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A leading index for the Australian economy was down 0.2 percent in October, the Conference Board said on Wednesday.

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The manufacturing sector in Australia fell into contraction in December, the latest survey from the Australian Industry Group revealed on Monday, with a PMI score of 46.9.

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The services sector in Australia continued to contract in December, albeit at a slower pace, the latest survey from the Australian Industry Group showed on Wednesday, with a PMI score of 47.5.

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The construction sector in Australia contracted at an accelerated pace in December, the latest survey from the Australian Industry Group showed on Friday, with an index score of 44.4.

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The unemployment rate in Australia came in at a seasonally adjusted 6.1 percent in December, the Australian Bureau of Statistics said on Thursday.

That beat expectations for 6.3 percent, and it was down from the revised 6.2 percent in November.

The Australian economy added 37,400 jobs to 11,679,400 in December - well above forecasts for 5,000 following the gain of 42,700 jobs in the previous month.

The increase in employment was driven by increased full-time employment for both females (up 23,300) and males (up 18,200). The increase in full-time employment was marginally offset by a fall in part-time employment, down 4,100.

The participation rate was 64.8 percent, topping expectations for 64.7 percent - which would have been unchanged.

The aggregate monthly hours worked fell in December, down 7.7 million hours (0.5%) to 1,597.8 million hours.

The seasonally adjusted number of people unemployed decreased by 16,200 to 759,200 in December.

AUDUSD M5: 80 pips price movement by AUD - Employment Change news event :

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