Australia Newz

Business loans growth to outpace mortgages, NAB says

Business loans growth to outpace mortgages, NAB says



2018-05-16T23:30:00+0000

“Probably for the first time since at least the GFC and probably well before that, business credit growth looks like it’s going to be higher than mortgage credit growth.” Business loans are likely to grow more quickly than lending for residential property.

Business loans are set to grow more quickly than lending for residential property, National Australia Bank executive Anthony Healy says.



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