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Showing 11 - 20 of 29 results for "personal credit"

RBA dilemma

BENJAMIN ONG  |  TUESDAY, 4 APR 2017
... representing the 11th straight quarter of slowing wages growth. This helps explain why despite record low interest rates, personal credit continued to decline - down by 1.3% in the year to February for the 14th straight month of contraction. Australians ...

Bad credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
... rising by 0.6% while those for owner-occupation increased by 0.5%. Declines in credit to business (-0.3%) and personal credit (-0.2%) provided offset. Year-on-year, total private sector credit growth slowed to 5.4% in January from 5.6% in the previous ...

A bump up in credit

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2017
... for housing investors surged by 0.8% (the fastest since May 2015) while that for owner-occupiers grew by 0.4%. Personal credit declined by 0.1% in December. Year-on-year, total credit growth accelerated to 5.6% in December from 5.4% in the previous month ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 DEC 2016
... housing (0.6% from 0.5%) - with investor housing up 0.6% from 0.5% while owner-occupied was unchanged at 0.5%. Personal credit fell by 0.3% in October for its 11th straight month of decline. Year-on-year, Australia's credit picture is not as positive. ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 1 NOV 2016
... 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 by another 0.1% following a similar fall in the previous month. The swings in the monthly private sector credit numbers ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 4 OCT 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% from 1.0% in July - the eight straight month of year-on-year contraction and the steepest rate of fall ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
... 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 sector credit numbers offer little directional view on the state of credit ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
... businesses slowed to 0.3% month-on-month in May from 0.8% in April but remains 7.3% higher over the past year. Personal credit declined by 0.1% in May after falling at a similar rate in the previous month, down 1.1% over the year. South Korea industrial ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2016
... over the month from 0.3% in March. Housing credit growth slowed to 0.4% from 0.5% in the previous month while 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 ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 APR 2016
... 11.0% last May), just as the RBA wanted. Credit for owner-occupied houses gained 7.1% year-on-year in February. Personal credit dipped by 0.1% in February and down 0.3% over the year. AiG performance of manufacturing index "The shift down in Australia's ...

Editor's Choice

REI Super chief executive steps down

ELIZA BAVIN
REI Super is farewelling its chief executive Jarrod Coysh, after more than seven years in the role.

Former Brighter Super investment lead plots return

MATTHEW WAI
After a six-month hiatus, former Brighter Super chief investment officer Mark Rider is returning to the superannuation industry, set to join another super fund next month.

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI
The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law.

BUSSQ beefs up cyber security oversight

MATTHEW WAI
The Queensland industry fund has welcomed a cyber security expert to its board of trustees, bolstering its oversight on heightened cyber security risk.

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