Australia Dwelling Commitments Decrease In December

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The total value of home loans in Australia was down a seasonally adjusted 4.7% month-on-month to A$15.53 billion in December, the Australian Bureau of Statistics reported on Monday.

The value of total personal finance commitments increased 0.2% on a monthly basis in December. Revolving credit commitments rose 2.2%, which was offset by a 2.1% fall in fixed lending commitments.

The total value of home loans in Australia was down a seasonally adjusted 4.7% month-on-month to A$15.53 billion in December, the Australian Bureau of Statistics reported on Monday. (Market News Provided by RTTNews)