Australian property: Dwelling approvals up 39pc in WA, owner-occupier loans slide 3.3pc - PerthNow

Owner-occupier loans rose across most states and territories, the largest being Victoria, Queensland and South Australia. But WA has lagged, according to new data ahead of another cash rate increase.

Home lending rose 1.7 per cent to $32.4 billion in May as banks cleared a backlog of loan applications. The figures came a day ahead of a Reserve Bank board meeting which is widely expected to lift … [+3332 chars]

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