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Growth

Commercial finance commitments continue downward trend

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The Adviser

Commercial loan commitments dropped in April to $32.601 billion, seasonally adjusted, ABS figures highlighted yesterday.

Committments were 14.6 per cent down on March, and followed a decline of 11.1 per cent in March.

Personal finance on the other hand rose by 5.8 per cent to a seasonally-adjusted $6.910 billion.

Leasing finance rose a slight 1.3 per cent to $594 million.

Published: 12-06-08

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