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Aerial shot of suburban Perth
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Loans for established homes remained elevated, but those for new construction fell sharply in July. Photo: Shutterstock

Investors push up housing finance as first homebuyers pull back

Investors drove another rise in housing finance in July as refinancing commitments surged to an all-time high, but first homebuyers and owner-occupiers have started to drop off.

Lending indicators data from the Australian Bureau of Statistics showed owner-occupier lending for new homes continued to…

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