Australian Building Approvals for September: -4.6% m/m (expected +1.3%)

Australia Building Approvals for September 2023 come in at -4.6% m/m expected +1.3%, prior +7.0% A poor report for the sector. IF the RBA is eyeing data on the health of the Australian econly they’ll be getting worried. This from earlier (check the remarks from the report, not confidence inspiring at all): Australian final manufacturing