Home loan and personal lending dips as last year's rate rise

Total personal finance commitments fell 1.2 per cent in November, seasonally adjusted, to $6.621 billion compared to $6.702 billion in October, the Australian Bureau of Statistics said.
Total commercial finance, seasonally adjusted, fell 11.8 per cent in November to $33.319 billion from an upwardly revised $37.77 billion in October, the ABS said today.
The value of commitments for purchases of dwellings by individuals for rent or resale fell 1.4 per cent, seasonally adjusted.
Lease finance rose 0.2 per cent in November to $519 million compared with an upwardly revised $518 million in October.
Housing finance for owner occupation slipped 0.9 per cent to $13.631 billion from an upwardly revised $13.750 billion in October.

Source: AAP