February 03, 2023 01:36 GMT
Australia Dec Housing New Loan Commitments -4.3%
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In December 2022, Australia new loan commitments (seasonally adjusted):
- fell 4.3% for housing to $23.4b, after a 4.2% fall in November. It was 29.3% lower compared to a year ago.
- fell 2.8% for personal fixed term loans, after a fall of 2.4% in November.
- rose 99.4% for business construction (a typically volatile series) but fell 0.6% in trend terms, after a fall of 62.9% in November.
- fell 6.1% for business purchase of property (a typically volatile series) and fell 1.4% in trend terms