Australian housing finance data (January): Home loans -1.1% m/m (expected -0.2%)

Australia data for January

Home loans down 1.1% m/m,

• expected -0.2%, prior was -2.3%

Investment lending up 1.1% m/m,

• prior was -2.6%

Owner-occupied loan value up 0.5% m/m,

• prior was -1.0%

Of more focus is the NAB business conditions and confidence report, on a separate post:

• Australia February Business conditions 21 (prior 19) & Business confidence 9 (prior 12)

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For more on this, background to today's report etc:

• Australian housing finance data (for January) due today - what to expect