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Credit growth is already on the slide - even before the Reserve Bank’s much discussed new regulation of high deposit lending for housing.
In fact housing is the only sector where credit growth has not fallen: rather the most significant drop is a fall in business credit growth.
The
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Rob Hosking
Mon, 02 Sep 2013
Mon, 02 Sep 2013
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Credit growth drops for business, farming, consumers-except for housing
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