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Australia Sep Housing New Loans Commitments +0.6%

AUSTRALIA DATA
MNI (Singapore)

In September 2023, Australia new loan commitments (seasonally adjusted):

  • rose 0.6% to $25.0b for housing, after a rise of 2.4% in August.
  • rose 2.7% for personal fixed term loans, after a rise of 6.2% in August.
  • rose 10.5% for business construction (a typically volatile series) and fell 0.2% in trend terms.
  • rose 4.8% for business purchase of property (a typically volatile series) and rose 0.9% in trend terms.

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