Commercial lending jumped 4.3 per cent in February amid signs Australia's corporate sector is still relatively strong.
The Australian Bureau of Statistics said commercial finance commitments lifted 4.3 per cent to $A25.9bn ($US20.06bn), while fixed lending and revolving credit commitments increased 1.6 per cent and 9.4 per cent respectively.
Lease finance increased 4.4 per cent to $A553m ($US428.3m).
The total value of owner-occupied housing commitments, excluding alterations and additions, lifted five per cent in February to $A11.8bn ($US9.14bn).
The purchase of houses for rent or resale rose 2.2 per cent to $A4.9bn ($US3.8bn) after a fall of 1.2 per cent in January.
It offset a two per cent fall in personal finance commitments (which dropped to $A6.1bn ($US4.72bn).
Source: Asia Pulse
