Falling confidence and rising inflation and interest rates are eating into disposable incomes and contributing to sharp declines in consumer, mortgage and business lending.
The latest data from credit reporting company Centrix showed all new
Household borrowing fell 33 per cent in May compared to a year earlier. Photo / 123RF
Falling confidence and rising inflation and interest rates are eating into disposable incomes and contributing to sharp declines in consumer, mortgage and business lending.
The latest data from credit reporting company Centrix showed all new
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