June lending “anaemic” but improvement expected

31 July 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 show the pace of lending has continued to slow.  According to the latest RBA figures, private sector credit grew by 0.1% in June,...

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