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Showing 11 - 20 of 28 results for "business credit"

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 1 NOV 2016
... fifth straight month that the annual rate of growth in total credit had been slowing since April's 6.6% rate. Business credit growth slowed to 4.7% in the year to September - the slowest since June last year - from 5.7% in August. Housing credit growth ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 4 OCT 2016
... growth for owner-occupation was 7.6% in August from 7.7% in July and 7.2% in the first month of 2016. Growth in business credit slowed to 5.7% in the year to August from 6.2% in the previous month while the decline in personal credit quickened to 1.2% ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
... third straight month that the annual rate of growth in total credit had been slowing since April's 6.6% rate. Business credit growth slowed to 6.1% in the year to July - the slowest since August last year - from 6.5% in June. Housing credit growth decelerated ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 APR 2016
... accelerating from January's annual rate of 6.5%. More important, Glenn Stevens appears to have made "the horses drink". Business credit gained 0.7% in February for a year-on-year rate of 6.5%. Credit to Australian businesses had been growing at more ...

Data doesn't justify "recession" headlines

BENJAMIN ONG  |  FRIDAY, 2 OCT 2015
... previous month. The details are even better with housing credit slowing to an annual pace of 9.3% from 11.0% and business credit growth accelerating to 5.3% - the fastest in more than 3 years - from 4.7%. Look again. Notice that business credit's negative ...

Coalition victory to boost business confidence

MARK SMITH  |  FRIDAY, 6 SEP 2013
... cyclicals and banks may benefit although the impact of a business confidence pick-up on employment, capex and business credit demand may take time to gain traction." Cassidy added that a clear majority in the House of Representatives is likely to be ...

How high and how long

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2010
... business sector is good. "The process of business sector de-leveraging is moderating, with the pace of the decline in business credit lessening and indications that lenders are starting to become more willing to lend to some borrowers." Housing is good. ...

Boiling frog

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2009
... employ Australians and pay them wages so they can pay for their higher mortgages. Latest data show that Australian business credit fell by 1.6 per cent in September for a 5.2 per cent drop from a year ago - the biggest decline since 1993. And what about ...

Chronican departs Westpac

COMPANY RELEASE  |  WEDNESDAY, 24 JUN 2009
... has also held a number of senior risk roles at National Australia Bank, including general manager, wholesale & business credit. The appointments of Whitfield and Targett will take effect from 2 July 2009.

Economy slowing down and speeding up

ALEX DUNNIN  |  TUESDAY, 17 JUN 2008
... "These included flat retail sales, declining household and commercial loan approvals, lower growth in housing and business credit, and subdued business and consumer confidence. Asset markets were also less buoyant than previously. Labour market conditions ...