By AAP 16.10.2012 12:22 PM
Personal finance loans fell by 3.3 per cent in August, official figures show.
The Australian Bureau of Statistics (ABS) on Tuesday said personal finance commitments, seasonally-adjusted, dropped to $7.220 billion in August, from a downwardly revised $7.469 billion in July.
Total commercial loans in June fell 5.2 per cent to $27.591 billion, seasonally-adjusted, from $29.098 billion in July.
Lease finance was down 5.1 per cent to $528 million, compared with $556 million the previous month.
Housing finance for owner occupiers rose 1.3 per cent to $13.647 billion, from $13.477 billion the month before.
Source: http://www.thebull.com.au/articles/a/32264-personal-finance-fell-3.3-in-august.html
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