Lending finance weak in January
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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 | |
|
| ||||

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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.
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