Latest economic data
- The outlook for home builders remains sluggish. New dwelling approvals fell for the fourth time in the past
five months – down by 4.7 per cent in August. - Lending barely grew last month. Private sector credit rose by only 0.1 per cent in August – marking the
slowest growth in nine months. Credit growth stands 3.1 per cent higher over the year. - Employers are looking for new staff again. The number of job vacancies rose by 9.9 per cent to 181,300 in
the three months to August. By industry, the biggest lift in job vacancies was in Accommodation and food
services (up 77.9 per cent) with Healthcare & social assistance up 34.9 per cent.