Personal finance loans were up 1.7 per cent in October.

The Australian Bureau of Statistics (ABS) on Friday said personal finance commitments, seasonally-adjusted, rose to $7.839 billion in October, from $7.705 billion in September.

But total commercial loans fell 3.9 per cent to $34.341 billion, from $35.729 billion in September.

Lease finance was up 1.1 per cent to $383 million, compared with $379 million the previous month.

And housing finance for owner occupiers rose 1.7 per cent to $16.185 billion, from $15.914 billion the month before.