AUD News

Australia logged current account surplus for the second consecutive quarter in the three months to September, data from the Australian Bureau of Statistics showed Tuesday.

more...

The total number of home loans issued in Australia was up a seasonally adjusted 2.0 percent on month in October, the Australian Bureau of Statistics said on Tuesday - worth A$18.21 billion.

more...

The manufacturing sector in Australia continued to contract in December, albeit at a slower rate, the latest survey from the Australian Industry Group revealed on Monday with a Performance of Manufacturing Index score of 48.3.

more...

The total number of building permits issued in Australia was up a seasonally adjusted 11.8 percent in November, the Australian Bureau of Statistics said on Wednesday - coming in at 14,675.

more...

Australia’s dispute resolution authority, the Australian Financial Complaints Authority (AFCA), has confirmed its support for an industry-funded compensation scheme called the “Compensation Scheme of Last Resort” (CLSR). Furthermore, AFCA insists that the new scheme should have coverage across all financial services.

more...

Australia's central bank maintained its interest rate on Tuesday, as policymakers see gradual progress in inflation reaching target and towards full employment. The board of the Reserve Bank of Australia, governed by Philip Lowe, decided to leave the cash rate unchanged at a record 0.75 percent. The central bank had lowered the rate by 25 basis points in October 2019.

more...

The service sector in Australia slid deeper into contraction in January, the latest survey from the Australian Industry Group showed on Friday with a Performance of Service Index score of 46.6.

more...

The total value of construction work done in Australia was down a seasonally adjusted 3.0 percent on quarter in the fourth quarter of 2019, the Australian Bureau of Statistics said on Wednesday - coming in at A$49.773 billion.

more...

For the first nine months of 2019 traders in Australia have lost over 33 million USD in investment scams, the latest data of the Australian Competition and Consumer Commission (ACCC) reveals.

The losses suffered by Australian investors have increased by 16.4% compared to the AU$41.97 million ($28.41 million) lost in 2018 as a whole.

more...

House prices in Australia were up 3.9 percent on quarter in the fourth quarter of 2019, the Australian Bureau of Statistics said on Tuesday.

more...