July lending picks up steam as home lending rebounds

30 August 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 then subsequent credit figures put paid to that idea. However, the failure of the left-wing parties at the recent federal election and the consequent deferment of their policies has led to a noticeable increase in lending to...

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