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Personal finance rose 2.6% in Sept

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AAP

2012-11-13

Personal finance loans rose by 2.6 per cent in September, official figures show.

The Australian Bureau of Statistics (ABS) on Tuesday said personal finance commitments, seasonally-adjusted, climbed to $7.434 billion in September, from an upwardly revised $7.242 billion in August.

Total commercial loans in September rose 6.9 per cent to $29.605 billion, seasonally-adjusted, from $27.698 billion in August.

Lease finance was up 10.1 per cent to $586 million, compared with $532 million the previous month.

Housing finance for owner occupiers rose 1.5 per cent to $13.902 billion, from $13.702 billion the month before.