Housing Finance Australia (February)
Home loans -0.2% m/m ... down but not as much as was expected
- expected -0.4%, prior -1.0%, revised from -1.1%
Investment lending +0.5% m/m
- prior +1.1%
Owner occupier lending +1.3% m/m
- prior +0.5% m/m
Macroprudential measures adopted by the RBA (through APRA) seem to be impacting, investor loans rising not as fast as owner occupied lending.
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For background on this, check out the previews posted earlier
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Also from Australia at the same time,
February credit card purchases AUd 25.3bn
- prior AUD 25.6bn
balances AUD.52.7 bn
- prior AUD 51.6bn
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All of this not impacting much at all on AUD. It had traded a little higher earlier to just under the first resistance point I noted earlier today.
