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Showing 21 - 30 of 36 results for "housing credit"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2016
... in March. Growth in credit to businesses quickened in April, rising by 0.8% 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% ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 APR 2016
... February 2009 (before the GFC went full throttle) - lessening the impetus for the RBA to cut interest rates again. Housing credit increased by 0.5% on the month and by 7.3% in the year to February. Lending for investment housing slowed to 7.6% from a ...

Data doesn't justify "recession" headlines

BENJAMIN ONG  |  FRIDAY, 2 OCT 2015
... of 6.3% in August - the fastest in 78 months - from 6.1% in the 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 ...

Banks need top line growth after SMSF-led run

JAMES FERNYHOUGH  |  MONDAY, 20 JAN 2014
... Australia, and that's taking it's time coming. Despite all the headlines about a booming property market, actual housing credit growth is recovering, but it's still at historic lows." The second half of 2013 what Will Hamilton of Hamilton Wealth Management ...

Buy me a house

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2013
... increased by 3.7% in the year to July.A Well and good. However, the details show that most of this went to housing.A Housing credit rose by 4.5% over the same period; personal credit by 1.1%; and credit to businesses by 0.9%. Still, it's all well and ...

Daily economic round-up

PETER BELL  |  FRIDAY, 19 JAN 2007
... last year has nevertheless been in a stable band for about the last year and twice the levels of mid-2004 when housing credit peaked. These figures show that interest rate rises have had more impact up the consumer credit market than that for business. ...

Daily economic round-up

PETER BELL  |  FRIDAY, 1 SEP 2006
... tally is now 14.8 per cent, the strongest annual rate since August 2004. Business credit rose 1.5 per cent and housing credit rose 1.1 per cent, the fourth successive rise of greater than 1 per cent suggesting there is still some significant momentum ...

Aust private sector credit rises 1.2% in May

AAP  |  WEDNESDAY, 30 JUN 2004
... Over the year to May, total credit rose by 15.1%. But based on new definitions introduced in the previous release, housing credit grew by 1.5% in May and by 20.3% over the year, seasonally adjusted. Other personal credit grew by 1.2% in the month and ...

Housing credit growth sustainable, but will ease: Macquarie

AAP  |  MONDAY, 8 MAR 2004
Strong housing credit growth in Australia has been a boon for financial institutions but it has raised the question of whether the current levels are sustainable. A recent report by Macquarie Research Economics has found the present level of lending ...

Credit binge continues as RBA considers rate rise

AAP  |  MONDAY, 1 MAR 2004
... It is the highest level since the heady days of the late 1980s when credit growth was rampant. Of most concern, housing credit is now at 23.6%, just below the record set in August of 1994. Personal credit, which covers credit cards and their higher interest ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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