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Showing 1 - 10 of 10 results for "credit to housing"

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... reforms complement the government's announced changes to Australia's lending laws, which will support the flow of credit to housing, reducing the time and cost associated with accessing credit for consumers. The government acknowledged housing prices ...

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... Perth - Brisbane and Adelaide gained 0.75% and 0.72%, respectively. This is also affirmed by the slowing private credit to housing - it slowed for the 12th consecutive month to 5.4% in the year to August from 6.6% in the same month last year - credit ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... housing credit contained in the RBA's private sector credit report released earlier this month. That report showed credit to housing slowing to 6.3% in the year to December from 6.6% three months earlier as a result of tighter macro-prudential regulations. ...

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
... generally leads to higher investment spending. Despite these credit market dynamics, year-on-year growth in credit to housing remained steady at an annual rate of 6.6% in June and housing loans are still growing 7.4% compared to owner-occupier loans ...

Australian property love affair cannot please everyone

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... RBA and APRA. This is because the report shows that the small pick-up is largely due to the acceleration in credit to housing - up 6.6% in the year to May (from 6.5% in April) with the annual growth in investment housing credit quickening to 7.5% last ...

Be careful what you wish for

BENJAMIN ONG  |  THURSDAY, 1 JUN 2017
... Still not bad but not when you consider that the rate of slowdown had been slowed only by continued buoyancy in credit to housing - up 6.5% in the year to April with investment housing re-accelerating to 7.3% (from 7.1% in the year to March) and owner-occupied ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 1 NOV 2016
... by 0.4% in September - in line with market expectations - following similar gains in the previous two months. Credit to housing and to business went up by 0.5% (from up 0.5% in August) and 0.2% (from up 0.1%), respectively while personal credit dipped ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 4 OCT 2016
... private credit growth had been on a downward trend since it recorded a 6.7% pace back in October last year. Credit to housing increased by 6.5% in the year to August, slower than the previous month's 6.6% rate and 7.3% at the start of the year as loans ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
... increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal credit dipped by 0.1%. The swings in the monthly private ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2016
... personal credit declined by 0.1% in April, slower than the 0.3% fall in March. Australia building approvals Credit to housing may have slowed in April but building approvals data of the same month indicates a pick-up in coming months. Australian building ...
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