The value of new lending commitments to households rose 1.1 per cent in September 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) figures. The rise in new lending commitments to households in September follows a 3.8 per cent rise in August and a 4.2 per cent rise in July 2019. ABS Chief Economist, Bruce Hockman said: “In September, the value of new lending commitments to households rose for the fourth straight month. The renewed growth in household lending commitments continues to be spurred on by new commitments for owner occupier dwellings, which rose 3.2% in September. ... (full story)