Australian bank lending increased in April for a fourth month after the central bank cut borrowing costs to the lowest level in half a century and government handouts spurred demand for home loans.
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Australia's bank lending increases for fourth month
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Accounts of credit facilities granted by banks increased by 4.8%
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Mortgage loans increase by 0.7% m/m as of end-July.
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Interest rates on government securities rise
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UK mortgage approvals rising
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Australian business conditions strengthen
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Banks ramp up mortgage lending
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Mortgage rates continue to climb
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Australian economy starts to respond to rate cuts
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Local bank lending picks up pace again in November
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Demand for credit ticks up
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Australian market trades higher for fourth straight session
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Residential mortgage lending shows rebound in January
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Australian dollar continues to rise
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Australian market gaining ground
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Cash advances rose in June:
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Australian and New Zealand dollars up