The number of loan commitments for owner occupied housing in Australia rose 0.2 percent month-on-month on a seasonally adjusted basis in April, the Australian Bureau of Statistics said Friday.
Economists expected housing finance to remain flat for the month. The number of dwelling commitments totaled 46,632.
The value of loans for investment homes rose 1.7 percent month-on-month to A$6.877 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.