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Veda’s Business Credit Demand Index: Apr-Jun 2012

27 July 2012

RBA rate cuts fail to bite for business credit activity

  • Growth in business credit enquiries eases despite RBA rate cuts
  • Easing in growth of business applications may suggest a slow-down in GDP over coming months
  • Asset finance enquiries pick up from a low base
  • Business credit still expanding rapidly in Western Australia but contracting in Tasmania

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Posted in: Press releases

 

Veda’s Consumer Credit Demand Index: Apr-Jun 2012

25 July 2012

Mortgage enquiries stabilise but consumer credit demand stays flat 

  • Mortgage enquiries stabilise after a rise in the March quarter
  • Overall consumer credit demand remains flat year on year
  • Auto loan applications reach their highest level since 2007

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Posted in: Press releases

 

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