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Australia Home Loans For July +2.4% M/m (vs.expected +2.0%)

The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Opinions expressed at are those of the individual authors and do not necessarily represent the opinion of or its management. has not verified the accuracy or Melbourne low doc loans basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.Any opinions, news, research, analyses, prices or other information contained on this website, by, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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Australia June home loans ? all the data

prior of 1.1%, revised from 1.5%) Owner-Occupier Loan Value for June 2.1%m/m (vs. priorof 2.2%, revised from 2.3%) The RBA are looking for a transition from mining investment to other sectors of the economy, like housing construction. This data is a bit of a mixed bag, the headline figure is better AUD/USD showing little response, though. - From the ABS report: the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 15.1% in June 2013 from 14.6% in May 2013. n trend terms, the number of commitments for the purchase of established dwellings rose 2.1%, the number of commitments for the purchase of new dwellings rose 1.8% and the number of commitments for the construction of dwellings rose 0.9% The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 1.2%. Owner occupied housing commitments rose 1.5% and investment housing commitments rose 0.7%.
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