The amount of new home loans approvals rose for an eights successive month in November. Australian Bureau of Statistics reported that number of granted loans grew to a seasonally adjusted 1.4%, after 0.7% amounted in previous month.
Only 1% of increase was expected by analysts.
Also Australian Central Bank decided to lower interest rate by 0.25% for the first time since 2009. The AUD slightly reacted after the news.
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