Broker

June lending figures down

by Staff Reporter•Tuesday, 12 Aug 2008•7 minute read

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.

You’re out of free articles for this month

To continue reading the rest of this article, please log in.

Looking for more benefits? Become a Premium Member.

Create free account to get unlimited news articles and more!

Looking for more benefits? Become a Premium Member.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from The Adviser. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Personal finance commitments also took a tumble, registering a drop of 1.6 per cent compared with May’s results.

Published: 12-08-08

Read the latest issue of The Adviser magazine!

The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers

June lending figures down

Latest Poll

Do you think that more people are needing specialist finance now than ever before?

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

STAY CONNECTED