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Home loans fell 1.6% in Aug

AAP logoAAP 14/10/2016

Home loans for owner occupiers have fallen 1.6 per cent to $19.5 billion, but lease finance have jumped 2.6 per per cent to $504 million.

Meanwhile, the value of new personal loans slumped 4.3 per cent to $6.8 billion in August, compared to July's $7.1 billion, the Australian Bureau of Statistics' latest figures, released on Friday, show.

Commercial loans, which include investor mortgages, dipped 0.4 per cent to $39.5 billion, from $39.7, the seasonally adjusted figures show.

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