Personal loans up in November
(18 January 2012 – Australia) Personal finance loans rose by 1 percent in November, official figures from the Australian Bureau of Statistics (ABS) show.
Released on Thursday, the ABS data showed personal finance commitments, seasonally adjusted, increased to A$7.448 billion in November, from an upwardly revised A$7.378 billion in October.
Total commercial loans in November fell 7.2 percent to A$29.427 billion, seasonally-adjusted, from A$31.717 billion in October.
Lease finance was up 1.5 percent to A$551 million, compared with A$542 million the previous month.
Housing finance for owner occupiers rose 0.6 percent to $13.940 billion, from A$13.861 billion the month before.
Total commercial loans in November fell 7.2 percent to A$29.427 billion, seasonally-adjusted, from A$31.717 billion in October.
Lease finance was up 1.5 percent to A$551 million, compared with A$542 million the previous month.
Housing finance for owner occupiers rose 0.6 percent to $13.940 billion, from A$13.861 billion the month before.
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