Housing finance up in May
AUSTRALIA'S total personal finance loans rose 0.4 per cent in May, official figures show.
AUSTRALIA'S total personal finance loans rose 0.4 per cent in May, official figures show.
The Australian Bureau of Statistics (ABS) on Monday said seasonally-adjusted personal finance commitments increased to $7.348 billion in May, up from $7.315 billion in April.
Total commercial loans in May fell 12.0 per cent to $31.022 billion, seasonally adjusted, from $35.244 billion in April.
Lease finance was up 3.2 per cent to $569 million, compared with $551 million in April.
Housing finance for owner occupation rose 0.2 per cent to $13.637 billion, from $13.610 billion the month before.