Lending finance weak in January

Monday, 18 March 2013

Find below today’s ABS Lending finance figures for January which show a weak month across the board.

TREND ESTIMATES
	Housing finance for owner occupation(a)	13 783	13 779	0.0
	Personal finance	7 467	7 496	0.4
	Commercial finance	30 325	30 396	0.2
	Lease finance	508	496	-2.3
SEASONALLY ADJUSTED ESTIMATES
	Housing finance for owner occupation(a)	13 586	13 764	1.3
	Personal finance	7 511	7 501	-0.1
	Commercial finance	31 752	28 994	-8.7
	Lease finance	452	515	14.0

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.