East & Partners

Personal finance up in June

Australia
Uncategorized
Credit Cards

(14 August 2012 – Australia) The Australian Bureau of Statistics (ABS) released its seasonally adjusted personal finance results on Monday, showing an increase of A$7.52 billion in June, up from A$7.38 in May.The figures effectively show that Australia’s total personal finance rose 1.9 percent in June.

Total commercial loans in June rose 2.3 percent to A$31.7 billion, seasonally-adjusted, from A$30.96 billion in May.

Lease finance was down 2.9 percent to A$549 million, compared with A$565 million the previous month.

Housing finance for owner occupation rose 1.2 percent to $13.82 billion, from A$13.66 billion the month before.

Connect
with East

At East & Partners we work together as one firm to serve our clients wherever they need us.

Our collective knowledge and experience across global  markets helps us guide clients on the intricacies of each region while enabling cohesion across their global footprint. Apples with apples and pears with pears in complex and demanding financial services markets
globally.

Lookup(Required)
subscribe
This field is for validation purposes and should be left unchanged.