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House approvals hit record highs

5 May 21. Council approvals to build new homes rose by 17.4 per cent to 23,176 units in March – the most in 3 years. Approvals are up 47.4 per cent on a year ago.

Record home lending

4 May 21. The value of new loan commitments for housing rose by 5.5 per cent to a record high $30.227 billion in March. Owner-occupier loans were up 3.3 per cent to a record high $22.413 billion in March. Investor loans were up by 12.7 per cent to a 3½-year high.

Job ads hit 12-year high

3 May 21. ANZ job advertisements rose by 4.7 per cent in April to a 12-year high of 196,612 available positions. Ads have lifted for 11 successive months.

Biggest lift in export prices for four years

29 Apr 21. Import prices rose by 0.2 per cent in the March quarter but were down by 6.2 per cent on a year ago. Export prices rose by 11.2 cent in the quarter.

Underlying inflation at record lows

28 Apr 21. The Consumer Price Index (CPI) – the main measure of inflation in Australia – rose by just 0.6 per cent in the March quarter.

Record iron ore prices drive trade surpluss

28 Apr 21. Record iron ore shipments drove exports in March together with higher copper shipments. Gold and petroleum shipments drove the sharp lift in imports.

Consumer spending intentions rise

27 Apr 21. Last week the measure of whether it was a ‘good time to buy a major household item’ rose by 0.9 per cent to a 13-month high of 20.8 points.

Covid-19 drives petrol prices

26 Apr 21. The resurgence of Covid-19 cases across the globe is the key factor determining the outlook for oil demand, crude oil prices, and in turn, prices in Australia.

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