April 08, 2024 02:00 GMT
Australia Feb Housing New Loan Commitments +1.5%
AUSTRALIA DATA
MNI (Singapore)
In February 2024, new loan commitments (seasonally adjusted):
- rose 1.5% for housing to $26.4b, after a fall of 0.8% in January. It was 13.3% higher compared to a year ago.
- fell 0.9% for personal fixed term loans
- rose 31.4% for business construction (a typically volatile series) and rose 2.5% in trend terms
- fell 4.7% for business purchase of property (a typically volatile series) and rose 1.3% in trend terms
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