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Personal finance up in June

Personal finance up in June

(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.
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