Australia Q3 net export to add 0.2%ppt to Q3 GDP

By Sophia Rodrigues

Published On 03 Dec 2019 , 11:40 AM

Australia net export to contribute 0.2 percentage point to Q3 GDP, data from ABS showed.
Terms of trade was steady in Q3.
Government final consumption expenditure rose 0.9% and is expected to contribute 0.2 percentage points to Q3 GDP
Public gross fixed capital formation increased by A$459m or 1.9%, and is expected to contribute 0.1 percentage point to growth in the September quarter 2019 volume measure of GDP.

 

LATEST SNIPPETS

RBA Lowe to speak at Anika Foundation fundraising webinar July 21

The annual Anika Foundation fundraiser is being held as a webinar this year on July 21 from 1245 pm, with a...

Published on : 25 Jun 2020 , 02:39 PM
AOFM sells April 2029 at 0.8450%

The AOFM has sold A$2.0 billion of 3.25% April 2029 government bond at a weighted average yield of 0.8450%....

Published on : 24 Jun 2020 , 11:08 AM
AOFM sells April 2024 at 0.3003% vs record low 0.2818%

The AOFM sold A$2.0 billion of 2.75% April 2024 government bond at a weighted average yield of 0.3003%, hig...

Published on : 22 Jun 2020 , 02:00 PM
CB-Intel tweets from RBA Lowe's panel participation

--At some point higher AUD could be a problem but we haven't reached the point yet
--Would like lower AUD...

Published on : 22 Jun 2020 , 01:59 PM
AOFM to tender A$5B of bonds, A$3B of Notes next week

The AOFM has announced tenders for next week, totaling A$5.0 billion of bonds (up from A$4.0 billion f...

Published on : 19 Jun 2020 , 12:05 PM
AOFM sells 3.25% April 2025 bond at record low yield

The AOFM has sold A$2.0 billion of 3.25% April 2025 government bond at a weighted average issue yield...

Published on : 19 Jun 2020 , 11:04 AM
AOFM sells May 2032 at 1.0098% vs 1.17% at last tender

The AOFM has sold A$2.0 billion of 1.25% May 2032 government bond at a weighted average issue yield of 1.0098%,...

Published on : 17 Jun 2020 , 11:06 AM
AOFM tender amounts for next week same as this week

The AOFM has announced tenders for next week, totaling A$4.0 billion of bonds and A$3.0 billion o...

Published on : 12 Jun 2020 , 12:08 PM
AOFM sells Dec 2030 at 1.08% vs May 13 syndication yield 1.025%

The AOFM has sold A$2.0 billion of 1.0% December 2030 government bond at a weighted average issue yield of...

Published on : 10 Jun 2020 , 11:04 AM
Will RBA announce bond-buying today?

All eyes on the RBA at 11:15am this morning for any announcement on bond-buying given three-year government bond yiel...

Published on : 10 Jun 2020 , 10:45 AM