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Australia's Final Approved Dwellings Down 0.3% in February; Annual Growth Also Confirmed at 26%
The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.
① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.
Approved Dwellings in Australia Down 0.3% in February
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Australia's Engineering Construction Work Done Up 1.5% in December 2024 Quarter
UBS Remains a Hold on Mirvac Group (MRVGF)