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business loans growth to outpace mortgages, nab says

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business loans growth to outpace mortgages, nab says

with surveys of business conditions at their highest level on record, mr healy said there was also strong growth in asset finance, which is another leading indicator of credit growth.loading“probably for the first time since at least the gfc and probably well before that, business credit growth looks like it’s going to be higher than mortgage credit growth,” said mr healy, who has been running nab's business since the start of the year.nab's economists are forecasting business credit growth will exceed housing loan growth during the year to june 2019.the prediction comes as banks are facing weaker revenue conditions, with the annual pace of housing credit growth slowing to 6.1 per cent.this is still faster than the 4.2 per cent gro...