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2010.09.1222:43:00UTC+00Australia Home Loans Rise 2.3% In July

The total value of owner occupied housing commitments excluding alterations and additions increased a seasonally adjusted 2.3% in July from June, the Australian Bureau of Statistics said on Monday.

At the same time, the value of total personal commitments fell 0.7%. Fixed lending commitments fell 1.2%, while revolving credit commitments fell 0.3%.

Commercial finance commitments increased 8.2% in July. Lease finance commitments climbed 3.2%.

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