Credit Momentum Slows Some More

The RBA’s aggregates to April 2019 shows s further slowing, with housing credit over 12 months down to a growth rate of 3.9%.

We will publish more analysis on this later, but no surprise given the unnatural acts now in the pipeline to try and reverse the trend. Plus an analysis of the APRA data, which also looks pretty weak.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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