Housing finance stabilised pre-Election

Advertisement

By Leith van Onselen

Today’s housing finance data for April from the ABS recorded a small rise in mortgage commitments:

As shown above, total finance commitments (excluding refinancings) rose by 0.2% in April, with owner-occupied commitments rising 1.0% and investor commitments falling 2.2%.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.