In the Media
Veda’s Business Credit Demand Index: Jan-Mar 2012
1 May 2012
Mining states boom while SMEs feel pain
- Australia's two-speed economy in full swing - mining states driving strong demand for business credit; NSW, VIC, SA, TAS continue to lag
- SME's appear to be relying on more credit options to smooth out cash-flow
- Business lending the new battleground for banks as they see margins erode in the mortgage market
Posted in: Press releases
Veda’s Consumer Credit Demand Index: Jan-Mar 2012
24 April 2012
Consumer credit demand still soft but mortgage enquiries rise for first time since GFC.
- Overall consumer credit demand down by 4.8% year on year
- Credit card applications down by 8%
- Personal loan applications decline by 1.4% but strong lift in Western Australia
- Mortgage enquiries increase of 1.5%, the first rise in eight quarters
Posted in: Press releases
© 2012 Veda Advantage
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