Australian private sector credit expanded by 0.6% in June, a solid result against a consensus forecast rise of 0.2%. The June increase was slightly above the 0.4% rise seen in the previous two months, and was driven by a rebound in business sector credit. The annual increase of 5.4% was […]
New lending to Australia’s private sector accelerated modestly in February, according to latest figures released by the Reserve Bank of Australia (RBA). Over the month, credit expanded by 0.6% in seasonally adjusted terms — higher than the 0.5% increase registered in January — leaving annual growth at 6.6%. As has […]
Driven by investment housing.