Australia's Total Loan Commitments Down 3.5% in March Quarter

MT Newswires Live

2025/05/14

The number of loan commitments in Australia fell 3.5% to 127,108 between the March 2025 and December 2024 quarters, data from the Australian Bureau of Statistics showed Wednesday.

New home loans approved fell 3.4% to 79,890. In value terms, new home loans fell 2.5% to AU$53.2 billion.

Meanwhile, lending to investors dropped 3.7% to 47,218. The total value of investment loans approved slid 0.3% to AU$32.4 billion.

Compared with the year-earlier period, the number of total loans approved rose 6% in the March quarter. New home loans rose 4.4% and investor loans jumped nearly 9%.

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New home loans rose 4.4% and investor loans jumped nearly 9%.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSS","symbol_name":"Total System Services","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2535605459","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535605459","pubTimestamp":1747188840,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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