Bloomberg News

Australian August Home-Loan Approvals Rise 1.2% From Prior Month

October 11, 2011

Oct. 12 (Bloomberg) -- Australian home-loan approvals rose 1.2 percent in August from a month earlier, the statistics bureau said in Sydney today. That compares with the median estimate for approvals to rise 1 percent in a Bloomberg News survey of 19 economists.

To contact the reporter on this story: Michael Heath in Sydney at mheath1@bloomberg.net

To contact the editor responsible for this story: Victoria Batchelor at vbatchelor@bloomberg.net


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