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The ABS’ Lending Finance Australia report, released yesterday, revealed that the total value of owner-occupied housing commitments decreased by 3.6 per cent in June, based on trend estimates.
The total value of commercial finance commitments also fell by 5.8 per cent compared with May 2008.
Personal finance commitments also took a tumble, registering a drop of 1.6 per cent compared with May’s results.
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Published: 12-08-08
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