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The Australian Bureau of Statistics (ABS) has released housing finance data for the month of December, which registered a 2.7% seasonally-adjusted rise in the number of owner-occupied finance commitments over the month:
The result beat analysts’ expectations, who had expected a 2.0% rise in owner-occupied finance commitments in December.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.