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Showing 11 - 20 of 36 results for "housing credit"

Outlook darkens for bank stocks

KANIKA SOOD  |  THURSDAY, 31 MAY 2018
... more plausible. As its base case, UBS analysts see banks maintaining dividend payouts at current levels. It sees housing credit growth stall by the end of FY20, as the credit conditions tighten. It also assumes house prices will fall by 5% over the coming ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... cities." And if I may add, the latest results are also consistent with the easing in the annual growth rate in housing credit contained in the RBA's private sector credit report released earlier this month. That report showed credit to housing slowing ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
... years before the global financial crisis. Download The Good Economics Guide: Making sense of key economic data Housing credit slowed to a year-on-year rate of 6.2% in January from 6.2% in the previous month as a deceleration in lending for investor housing ...

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
... Regulations Authority (APRA) should welcome early signs of flattening (not a sharp and sudden deceleration) in housing credit growth. Personal lending fell by 1.4% in the year to June (unchanged from May) for its 18th straight month of year-on-year contractions. ...

Australian property love affair cannot please everyone

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... 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 month from 7.3% in April and owner-occupiers accelerating to 6.13% from 6.09%. Growth in loans ...

Bad credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
... growth slowed to 5.4% in January from 5.6% in the previous month. Business credit eased to 4.7% from 5.6%. Growth in housing credit picked up to 6.4% in the year to January from 6.3% in December as the re-acceleration in investment housing (6.6% from ...

A bump up in credit

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2017
... rates from 1.75% to 1.50%). Loans to businesses grew the fastest over the month of December (up 1.1% from 0.6%). Housing credit increased by 0.5% in the month of December after a similar 0.5% gain in the previous month - lending for housing investors ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2016
... conditions vary across the country - some rising briskly, others falling - they have strengthened overall with housing credit picking up slightly. Australia current account balance The current account deficit narrowed by 29% to A$11,358 million in the ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 1 NOV 2016
... 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 eased to its slowest pace since June 2014 to 6.4% in the year to September from 6.5% in the previous month with the ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
... 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 to its slowest pace in two years to 6.6% in July from 6.7% in the previous month due largely to the ...