We discuss the latest credit data from the RBA, APRA and also building approvals from the ABS. Wall to wall disappointment! https://www.rba.gov.au/statistics/frequency/fin-agg/2019/fin-agg-0719.html https://www.apra.gov.au/media-centre/media-releases/apra-releases-new-monthly-authorised-deposit-taking-institution https://www.abs.gov.au/AUSSTATS/[email protected]/DetailsPage/8731.0Jul%202019?OpenDocument...
Yesterday the ABS released the latest data on dwellings approved and they fell 0.3 per cent in April, after a 2.7 per cent rise...
This is an edited version of our recent live show, as I discuss the latest economic and housing news with Chief Economist at Nucleus...