The value of personal finance rose 0.1% in May after seasonal adjustment from April to $6.79bn, the Australian Bureau of Statistics said.
The rise in personal finance comprised a 0.4% increase in revolving credit and a 0.2% fall in fixed lending. Commercial finance fell 1.1% in May in seasonally adjusted terms from April to $30.66bn. A rise of 13.1% in revolving credit for commercial finance was accompanied by a fall of 5.8% in fixed-lending commitments. Lease finance increased by 11.8% in May after seasonal adjustment to $400m.