Personal loans up, new car sales down

By on April 16, 2013

Car of the Year


AUSTRALIANS are borrowing extra cash on Personal loans, and searching for fewer new automobiles, Australian Bureau of data figures explicit.

Australian product gross sales of latest motor automobiles fell 0.6 per cent in March.

There Were 95,113 new automobiles bought in March, seasonally adjusted, when put subsequent with Ninety Five,716 in February, the Australian Bureau of knowledge stated on Tuesday.

within the 300 And Sixty Five Days to March, new motor automobile product sales rose Four.5 per cent, seasonally adjusted.

Private finance loans had been up 2.Eight per cent in February.

The Australian Bureau of data (ABS) on Tuesday stated Private finance commitments, seasonally-adjusted, rose to $ 7.883 billion in February, from $ 7.665 billion in January.

Total industry loans in February rose 1.Zero per cent to $ 29.a hundred And Eighty billion, from $ 28.881 billion in January.

Rent finance used to be up 1.7 per cent to $ 530 million, when put next with $ 521 million the earlier month.

Housing finance for proprietor occupiers rose 1.2 per cent to $ 13.946 billion, from $ Thirteen.782 billion the month upfront of.


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