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Veda’s Consumer Credit Demand Index: Jul-Sep 2012

24 October 2012

Australian consumers remain cautious in their attitude to credit despite RBA rate cuts; Govt's mid-year budget review may reinforce trend

  • Overall consumer credit demand falls 1% year on year
  • Credit card applications down 10% year on year
  • Personal loan applications up 7% year on year
  • Mortgage enquiries remain flat 

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Posted in: Press releases

 

Veda's Business Credit Demand Index: Jul-Sep 2012

12 October 2012

Growth in business credit enquiries picks up after RBA cuts

  • Growth in business credit applications up 6.8% year on year
  • Mining states show asset finance enquiries growth of 13.8% compared with 7.0% in non-mining states
  • Results show seven quarters of consecutive growth in business credit activity

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Posted in: Press releases

 

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