Loans | Personal Lending Expands As Blurb Loans Shrink

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Australia's complete personal financial loans rose 0.4 per cent in May, whilst blurb lending posted a large slip in the month, authorized figures show.

The Australian Bureau of Statistics currently mentioned seasonally-adjusted personal financial commitments increased to $7.348 billion in May, up from $7.315 billion in April.

Total blurb loans in May fell 12.0 per cent to $31.022 billion, seasonally adjusted, from $35.244 billion in April.

Lease financial was up 3.2 per cent to $569 million, compared with $551 million in April.

Housing financial for owners job rose 0.2 per cent to $13.637 billion, from $13.610 billion the month before.

AAP

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