ONLY CHARTS #399
Aus Q2 GDP partials, Aus housing prices, Aus resi vacancy rates, Aus job ads, NZ for sale home listings, Aus & NZ building approvals, Aus resource exploration, Aus inflation
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1. Private non-financial company profits in Australia rose +0.2% q/q in Q2 (after accounting for inventory valuation effects to be consistent with the national accounts equivalent). In unadjusted terms, company profits declined 2.4% q/q and 3.3% y/y.
Q2 growth in the national accounts equivalent measure of profits has been noticeably stronger than the partial indicator for several years.
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