Saturn...thanks for that... I would like to point out the "credit demand" comment was from the CBA about their own situation. On saying that the chart does paint a gloomy picture with house loan growth back at GFC lows....not a good sign..
Business loans are only approximately 30% of pre GFC highs which is interesting..IMO not showing strong growth or confidence yet...
cheers
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credit demand lowest in 40 years, page-9
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