Bank lending “another soft update”

30 April 2019

 

The pace of lending to the non-bank private sector by financial institutions in Australia has been trending down since October 2015. It appeared to have stabilised in the September quarter of 2018 but credit figures in the December quarter put paid to that idea. The latest figures confirm the first quarter of calendar 2019 has provided more of the same. According to the latest RBA figures, private sector credit grew...

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