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Non-bank market share edges up

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The Adviser

The number of owner-occupied dwellings financed by non-banks increased by 1.8 per cent in June, ABS data showed yesterday.

The slight increase was a marked improvement from a decrease of 17.6 per cent in May.

However the number of owner occupied dwellings financed by the banks fell 4.6 per cent in June compared with May. This followed a decrease of 5.1 per cent in May.

Published: 07-08-08 

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