Economic data due from Australia today-building approvals and private sector credit

Economic data due from Australia today includes private sector credit from the RBA and building approvals from the Australian Bureau of Statistics.

All due at 0130GMT

Private sector credit for August:

• expected is +0.5% m/m and +6.2% y/y
• prior was +0.6% m/m and +6.1% y/y

Building approvals for August. Last month suggested that the trend in approvals has flattened ... and maybe even turned down.

• For the m/m, expected is -2.0% and prior was +4.2%
• For the y/y, expected is +7.4% and prior was +13.4%