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Personal loans fall 3%, home loans lift

AAP logoAAP 12/08/2016

Housing finance for owner occupiers has risen 1.8 per cent to $20.7 billion, but commercial loans, which include investor housing finance has plummeted 8.7 per cent to $35.59 billion.

Meanwhile, the value of new personal loans in June fell three per cent to $6.9 billion, compared to May's $7.1 billion, Australian Bureau of Statistics lending finance figures released on Friday show.

Lease financing, however, had soared 13 per cent to $541 million, the seasonally adjusted figures show.

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