Home loans fall to near decade lows

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Housing finance Loans for the purchase of newly erected dwelling slumped by 12 per cent in February. Over the past three months loans are down almost 36 per cent – marking

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Construction lending hits two year low

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Consumer sentiment; Housing finance Lending to build new homes slumped in January. Loans to build homes fell by 9.4 per cent in January to their lowest level in two years.

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Cheaper homes encourage buyers

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Housing finance; Credit card lending; Weekly Petrol Price Lending to build new homes recorded a healthy increase in December. Loans for the construction of dwellings rose by 1.0 per cent

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State of the States

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State & territory economic performance report How are Australia’s states and territories performing? CommSec has attempted to find out by analysing eight key indicators: economic growth; retail spending; equipment investment;

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Weak home lending reinforces need for rate pause

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Housing finance Lending to build new homes was flat in October. A key leading indicator for home construction barely moved in October – ahead of the November rate hike. Loans

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Australian housing – is it a bubble? What’s the risk?

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Key points Australian housing is not in a bubble but it is very overvalued, and combined with high debt levels leaves Australian households vulnerable should anything significantly threaten house prices.

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Confidence falls to five month low on rate hike

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Housing finance; Consumer sentiment As expected, the Westpac/Melbourne Institute index of consumer confidence fell in the latest month in response to the latest interest rate hike. The index fell by

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State of the States

From

State & territory economic performance report How are Australia’s states and territories performing? CommSec has attempted to find out by analysing eight key indicators: economic growth; retail spending; equipment investment;

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