New borrower-accepted loan commitments (seasonally adjusted)
Oct-20 ($b) Month percent change (%) Year percent change (%) Households Housing 22.68 0.7 23.3 Owner occupier (a) 17.39 0.8 31.2 Investor (a) 5.29 0.3 2.8 Personal Fixed term loans 1.56 4.3 -7.9 Businesses Construction 2.02 -2.1 -40.3 Purchase of property 3.65 -7.8 -10.4
Via the ABS:
In October 2020, new loan commitments (seasonally adjusted):
- rose 0.7% for housing
- rose 4.3% for personal fixed term loans
- fell 2.1% for business construction (typically volatile series)