Australia September home loans +3.6% vs +1.0% m/m expected

Author: Adam Button | Category: News

Home lending data for Australia:

  • Prior was +0.7%
  • Investment lending -4.0% vs +1.5% expected
  • Owner-occupied loan value +3.2% vs +1.5% exp
These numbers are good but the data is outweighed by some of the cautious commentary on wage growth in the Statement on Monetary Policy.

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