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Australia May New Loan Commitments for Housing Up 1.7%

MNI (Singapore)

In May 2022 in seasonally adjusted terms, the value of new loan commitments:

  • rose 1.7% for housing
  • rose 5.1% for personal fixed term loans
  • fell 3.5% for business construction (a typically volatile series)
  • rose 19.5% for business purchase of property (a typically volatile series)

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