In the Media
Veda’s Business Credit Demand Index: Apr-Jun 2012
27 July 2012
RBA rate cuts fail to bite for business credit activity
- Growth in business credit enquiries eases despite RBA rate cuts
- Easing in growth of business applications may suggest a slow-down in GDP over coming months
- Asset finance enquiries pick up from a low base
- Business credit still expanding rapidly in Western Australia but contracting in Tasmania
Posted in: Press releases
Veda’s Consumer Credit Demand Index: Apr-Jun 2012
25 July 2012
Mortgage enquiries stabilise but consumer credit demand stays flat
- Mortgage enquiries stabilise after a rise in the March quarter
- Overall consumer credit demand remains flat year on year
- Auto loan applications reach their highest level since 2007
Posted in: Press releases