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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.
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The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Do you expect mortgage applications to increase or decrease over Summer?
