Data from the Reserve Bank of Australia
- Headline is up 0.4% m/m and 4.8% y/y
Housing credit up 0.4% m/m (house price being launched into orbit will do that)
- business and personal credit rose but not by as much m/m
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Published at the same was building approvals, for October: +7.5% m/m
- expected +2.0% and prior -4.6%
This article was written by Eamonn Sheridan at www.forexlive.com. Source