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Economic uncertainty weighed on business lending in April according to data released by the ABS yesterday.
Commercial finance fell a disappointing 12.9 per cent, seasonally adjusted, to $27.066 billion, following a 23 per cent rise in March.
In addition lease finance fell 8.4 per cent to $422 million.
Consumers also remain cautious about taking on personal debt with personal finance rising by just 0.2 per cent.
ASIC’s raised industry funding levies reflect higher enforcemen...
Construction and retail trade have fuelled business loan growth i...
The majority of Australian borrowers think applying for a home lo...
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