A relatively soft ABS Lending Finance release for the month of October revealed commercial lending declining for a fourth month to be 7.5 percent lower than...

Pete Wargent

Buyers Buyers

A relatively soft ABS Lending Finance release for the month of October revealed commercial lending declining for a fourth month to be 7.5 percent lower than June 2014. This leaves markets weighing up the perceived need for further interest rate cuts with the rhetoric of the RBA Governor during an interview withe AFR this week. Further muddying the waters was the data buried withing the Lending Finance release which showed that while investment property loans have increased significantly in each of the four major capitals in the past year. NSW (i.e. Sydney) loans have continue to boom at an astonishing rate to another new record high in October 2014. The case for regulatory intervention thus further gathers a head of steam. (VIEW LINK)


1 topic

Pete Wargent
Co-Founder
Buyers Buyers

Co-founder of BuyersBuyers - "the better way to buy property". Veteran property market analyst and Proptech co-founder.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.