AUSTRALIA REGISTERS 1.3 PCT RISE IN PRIVATE SECTOR CREDIT.

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AUSTRALIA REGISTERS 1.3 PCT RISE IN PRIVATE SECTOR CREDIT.

Publication: AsiaPulse News

Publication Date: 28-FEB-07

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SYDNEY, Feb 28 Asia Pulse - Australians are still willing to take on big debt with credit figures showing a slightly higher rise than expected, indicating the recovery in housing continues.

Total credit provided to the private sector by financial intermediaries rose by 1.3 per cent in January, following an upwardly revised 1.0 per cent rise...

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