Personal loans up 2.1 pct

06_Personal loans up 2_1 pct

(Australian Associated Press)

The value of new personal loans has risen 2.1 per cent to $7.03 billion.

Commercial loans, which include investor housing finance, fell 7.3 per cent to $42.14 billion in December, compared to November, but lease finance rose 1.7 per cent to $596 million, according to seasonally adjusted numbers from the Australian Bureau of Statistics.

Housing finance for owner occupiers grew 0.9 per cent to $21.88 billion.


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