In financial year 2022, CommBank Australia reported a substantial growth in asset finance lending for forklifts in Australia, recording an increase in lending of 49 percent compared to the previous financial year. Trailers and cranes also topped the list of new equipment and machinery invested in by Australian businesses that year.
Growth of asset finance lending by the Common Wealth Bank of Australia for construction vehicles in Australia in financial year 2022
Australia's financial year runs from July 1 until June 30 of the following calendar year. For example, the financial year 2018 ran from July 1, 2017 until June 30, 2018.
Data shows asset finance lending to businesses for new construction equipment and machinery.
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CommBank. (August 15, 2022). Growth of asset finance lending by the Common Wealth Bank of Australia for construction vehicles in Australia in financial year 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1389810/australia-growth-of-asset-finance-lending-by-cba-for-construction-vehicles/
CommBank. "Growth of asset finance lending by the Common Wealth Bank of Australia for construction vehicles in Australia in financial year 2022." Chart. August 15, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1389810/australia-growth-of-asset-finance-lending-by-cba-for-construction-vehicles/
CommBank. (2022). Growth of asset finance lending by the Common Wealth Bank of Australia for construction vehicles in Australia in financial year 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1389810/australia-growth-of-asset-finance-lending-by-cba-for-construction-vehicles/
CommBank. "Growth of Asset Finance Lending by The Common Wealth Bank of Australia for Construction Vehicles in Australia in Financial Year 2022." Statista, Statista Inc., 15 Aug 2022, https://www.statista.com/statistics/1389810/australia-growth-of-asset-finance-lending-by-cba-for-construction-vehicles/
CommBank, Growth of asset finance lending by the Common Wealth Bank of Australia for construction vehicles in Australia in financial year 2022 Statista, https://www.statista.com/statistics/1389810/australia-growth-of-asset-finance-lending-by-cba-for-construction-vehicles/ (last visited December 22, 2024)
Growth of asset finance lending by the Common Wealth Bank of Australia for construction vehicles in Australia in financial year 2022 [Graph], CommBank, August 15, 2022. [Online]. Available: https://www.statista.com/statistics/1389810/australia-growth-of-asset-finance-lending-by-cba-for-construction-vehicles/
