Personal finance fell 0.9% in Oct=2
Personal finance loans fell by 0.9 per cent in October, official figures show.
The Australian Bureau of Statistics (ABS) on Wednesday said personal finance commitments, seasonally-adjusted, fell to $7.343 billion in October, from a downwardly revised $7.409 billion in September.
Total commercial loans in October rose 4.8 per cent to $31.699 billion, seasonally-adjusted, from $30.235 billion in September.
Lease finance was down 6.3 per cent to $543 million, compared with $580 million the previous month.
Housing finance for owner occupiers dropped 0.2 per cent to $13.863 billion, from $13.885 billion the month before.
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