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Oz: Personal finance commitments fall 7.8pc

#1 User is offline   cobran20 

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Posted 17 January 2012 - 02:13 AM

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TOTAL personal finance commitments fell 7.8 per cent in November to $7,199 billion, Australian Bureau of Statistics (ABS) data shows.
The ABS today said the seasonally-adjusted commitments were down from $7.806 billion in October.

Total commercial finance in November fell 9.6 per cent to $33.098 billion, seasonally adjusted, from $36.624 billion in October.

Lease finance was up 15.1 per cent to $490 million, compared with $426 million October.

Housing finance for owner occupation rose 2.2 per cent to $13.790 billion, from $13.487 billion in October.

The value of finance commitments: (seasonally adjusted)

November October % change
Personal finance $7.199 bln $7.806 bln -7.8 pct
Commercial finance $33.098 bln $36.624 bln -9.6 pct
Lease finance $490 mln $426 mln 15.1 pct


Housing finance own/occ $13.790 bln $13.487 bln 2.2 pct



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#2 User is offline   cobran20 

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Posted 17 January 2012 - 03:18 AM

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