SUV sales continue to boom

Tuesday 18 October 2016

The Australian Bureau of Statistics (ABS) today released new motor vehicle sales for the month of September, which registered a 2.5% seasonally adjusted jump in the number of sales over the month and a 0.8% increase over the year:

All jurisdictions reported an increase in new car sales in September in seasonally adjusted terms.

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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.