Commercial lending rose 1.8% in Feb

Commercial loans including mortgages to investors rose in February, while home loans to owner-occupiers fell.

Commercial loans including mortgages to investors rose 1.8 per cent to $40 billion in February, following two months of falls.

Meanwhile, home loans to owner occupiers were down 0.5 per cent to $20 billion, according to seasonally adjusted figures from the Australian Bureau of Statistics.

Personal loans fell 3.8 per cent to $6.5 billion in February, while lease finance plummeted 31.5 per cent to $654 million.


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Source: AAP


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