Fed: Personal finance rises 4.7 per cent in Feb - ABS
CANBERRA, April 15 AAP - Australians' borrowing on credit cards, personal loans andoverdrafts jumped 4.7 per cent in February to $6.1 billion, new figures showed today.
The Australian Bureau of Statistics (ABS) said total personal finance commitments lendingto buy homes rose 1.1 per cent in the month, allowing for seasonal factors.
Commercial lending recovered 4.6 per cent to $20.7 billion after plunging 15.2 percent in January.
The volatile lease category rose 3.1 per cent to $533 million, the ABS said.
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KEYWORD: LENDING
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