The pace of lending to the non-bank private sector by financial institutions in Australia has picked up after three months of sub-5% growth. According to the latest RBA figures, private sector credit grew by 0.5% in March, up from the 0.4% growth rate recorded in February and more than the 0.4% consensus estimate. The year-to-March growth rate increased from 4.9% to 5.1% as lenders expanded loans to the business sector...