5671.0 - Lending Finance, Australia, July 2018 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 11/09/2018   
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JULY KEY FIGURES

Jun 2018
Jul 2018
Jun 2018 to Jul 2018
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
21 035
21 028
0.0
Personal finance
5 978
5 884
-1.6
Commercial finance
41 184
41 526
0.8
Lease finance
631
654
3.8
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
20 921
21 184
1.3
Personal finance
6 023
5 732
-4.8
Commercial finance
42 541
42 607
0.2
Lease finance
651
663
1.9

(a) Excludes alterations and additions

Personal Finance
Graph: Graph shows personal  finance seasonally adjusted and trend data

Commercial Finance
Graph: Commercial Finance



JULY KEY POINTS


JULY 2018 COMPARED WITH JUNE 2018:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions was flat in trend terms, while the seasonally adjusted series rose 1.3%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 1.6%. Revolving credit commitments fell 5.7%, while fixed lending commitments rose 0.7%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 4.8%. Revolving credit commitments fell 11.0% and fixed lending commitments fell 1.7%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 0.8%. Revolving credit commitments rose 2.4% and fixed lending commitments rose 0.3%.
  • The seasonally adjusted series for the value of total commercial finance commitments rose 0.2%. Fixed lending commitments rose 0.2% and revolving credit commitments rose 0.1%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 3.8% in July 2018 and the seasonally adjusted series rose 1.9%, following a rise of 2.4% in June 2018.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
August 2018 16 October 2018
September 2018 13 November 2018
October 2018 12 December 2018
November 2018 21 January 2019


FORTHCOMING CHANGES

The ABS is combining Housing Finance, Australia (5609.0) and Lending Finance, Australia (5671.0) into a single, simpler publication called Lending to Households and Businesses, Australia (5601.0). An information paper which outlines the forthcoming changes in more detail and outlines the format of the new publication, as well as providing historical data in the new table structures, will be released no less than one month prior to release of the new publication. Some of the data currently published in the two publications will no longer be published in the new consolidated publication, however, some existing outputs will be further disaggregated. New analytical series will also be added with the inclusion of seasonally adjusted and trend estimates for more data items.


REVISIONS

In this issue, revisions have been made to the original series as a result of improved reporting of survey and administrative data. These revisions have affected the following series:
  • Commercial Finance for the periods May 2018 and June 2018.
  • Personal Finance for the period June 2018.
  • Owner-occupied finance for the period June 2018.
  • Investment housing for the period June 2018.


PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.