Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Settlement volumes still strong says Deloitte

Staff Reporter 1 minute read

Lending growth in Australia is strong despite the impact of tightening global credit markets according to Deloitte.

Advertisement
Advertisement
The residential mortgage sector has shown good performance in loan settlement volumes, with growth of nine per cent per annum.

Deloitte’s third annual Australian mortgage report, released Friday November 2, also revealed that lending across Australia reached $26 billion in the month of June this year – the highest ever recorded.

“Given the context of the global issues, this year’s rolling figure of nine per cent per annum [growth] shows considerable resilience,” said Deloitte financial services partner James Hickey.

Settlement volumes still strong says Deloitte
default
TheAdviser logo
default
more from the adviser
houseandmoneyrates ‘Don’t rush in’: Risks of new housing scheme flagged

Broker support is critical for borrowers looking to capitalise on...

speed boat ta AFG welcomes specialist lender to its panel

The aggregator has welcomed specialty asset finance lender Austra...

business handshake 2 Finsure expands third-party team, appoints new BDMs

The mortgage aggregator has announced the appointment of new busi...

FROM THE WEB