AUD News

Consumer confidence in Australia advanced in October, the latest survey from Westpac Bank showed on Wednesday, rising 4.2 percent to a score of 97.8.

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The unemployment rate in Australia was a seasonally adjusted 6.2 percent in September, the Australian Bureau of Statistics said on Thursday - in line with forecasts and unchanged from the previous month.

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The total number of building approvals issued in Australia in September advanced a seasonally adjusted 2.2 percent on month, the Australian Bureau of Statistics said on Monday - coming in at 18,900.

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Australia's central bank maintained its record low interest rate for the sixth straight meeting and hinted that it is prepared to ease monetary policy further. The policy board of the Reserve Bank of Australia left its cash rate unchanged at 2.00 percent. The bank had lowered the rates by 25 basis points each in February and May.

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The construction sector in Australia continued to expand in October and at an accelerated pace, the latest survey from the Australian Industry Group showed on Friday with a Performance of Construction Index score of 52.1.

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Consumer confidence in Australia surged in November, the latest survey from Westpac Bank revealed on Wednesday as its index climbed 3.9 percent to a reading of 101.7.

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The jobless rate in Australia fell to a seasonally adjusted 5.9 percent in October, the Australian Bureau of Statistics said on Thursday.

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Wage costs in Australia were up a seasonally adjusted 0.6 percent on quarter in the third quarter of 2015, the Australian Bureau of Statistics said on Wednesday - unchanged from the previous quarter.

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A leading economic index for Australia eased slightly in September, the Conference Board said on Wednesday, falling 0.1 percent.

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Australia's gross domestic product expanded 2.5 percent on year in the third quarter of 2015, the Australian Bureau of Statistics said on Wednesday.

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