Free Trial

Australia Nov H'hold New Housing Loan Commitments Record High

AUSTRALIA DATA
MNI (Singapore)
  • Australian new loan commitments for housing (seasonally adjusted) rose 5.6% m/m, or 23.7% y/y, in November
  • The value of owner occupier home loan commitments rose 5.5% m/m, or 31.4% y/y
  • Both the total value of new loan commitments for housing and the value of owner occupier home loan commitments hit new record highs
  • New loan commitments rose 13.2% for personal fixed term loans
  • New loan commitments fell 49.6% for business construction (a typically volatile series)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.