Owner-occupier home lending increased 0.4% to $1.1968 trillion in August, while investment housing credit was flat, in seasonally adjusted terms.
'Other' personal credit (like credit cards and personal loans) decreased by $2.6 billion - or 1.1% - to $147.8 billion.
Business credit was also flat, down 0.4% on the month.
Total credit growth on the month is also flat, correcting from declines of between 0.1% and 0.2% in May, June and July.
Despite this, growth is still up on a year ago, with total housing growth up 3.2% on August 2019, and business lending up 2.9%.
Personal credit, however, was down 12.5% on the year.
New data reveals biggest neobanks
In the pointless neobank battle of 'my dad is bigger than your dad', August figures released today by the prudential regulator reveal Judo Bank is the biggest neobank by some metrics.
It has more than $1.6 billion in residential deposits and more than $2 billion in residential loans on its books, but does have more than $370 million in long-term borrowings on its balance sheet.
Meanwhile, 86 400 has $352 million in residents' deposits on its books, while Xinja has $468 million.
Even with 86 400's $49 million residential loan book, Xinja still holds more residential assets, despite closing off its savings account to new customers in March and having no home loans available.
Xinja did, however, launch a share trading platform in July, and lending could be on the cards soon as the bank is advertising for a 'Personal Loan Lender' position.
Volt Bank was a distant last, with $60 million in residents' deposits on its books, after having its savings account in 'beta' mode for more than nine months.
As for Up! Bank, it shares its banking licence with Bendigo and Adelaide Bank, so its statistics are bundled in with that institution.
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