- Prior was +2.1%, revised up from +2.0%
- Loans for housing investment in March is +2.1% (vs. 1.9% prior revised up from +1.8%)
- Loans for owner-occupied housing +5.8% in March (vs. 1.2% prior)
These are positive figures for the AUD, indicative of at least some ‘transition in the economy. If it wasn’t for the broad USD strength they may have even lifted AUD somewhat as they reduce the chance for a rate cut in June.
