Personal finance loans were up 9.1 per cent in May, seasonally adjusted.

Personal finance commitments, seasonally-adjusted, rose to $8.689 billion in May, from $7.963 billion in April, the Australian Bureau of Statistics said on Monday.

Commercial loans fell 6.0 per cent to $41.110 billion in May and lease finance rose 22.4 per cent to $441 million.

Housing finance for owner occupiers fell 0.7 per cent to $16.732 billion, from $16.858 billion in the previous month.