Australian outstanding housing credit hits record $1.407t in October: The RBA released their financial aggregates report for October earlier this morning with...
David Scutt
Stonex
Australian outstanding housing credit hits record $1.407t in October: The RBA released their financial aggregates report for October earlier this morning with total consumer credit expanding by 0.6% leaving the annual rate of growth at 5.7%. From a year earlier housing credit expanded 7.0%, the fastest pace since January 2011, while business credit grew 4.3%, a level last seen in June 2012. Personal credit, the long-time laggard of the three, rose a measly 1%, a level has it has oscillated around for more than a year. (VIEW LINK)
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David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest rate movements and has been an active trader on behalf of his employers.Over the past 5 years David has become a respected financial analyst and has built a strong following on social media with his insights into the domestic and international markets for currencies and interest rates.Web: www.scuttpartners.com.au LinkedIn: https://www.linkedin.com/pub/david-scutt/9/34a/841
David Scutt
Market Analyst
Stonex
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
David Scutt
Market Analyst
Stonex
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
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