Australian Bureau of Statistics
5671.0 - Lending Finance, Australia, Feb 2009
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 14/04/2009
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SUMMARY OF FINDINGS
The trend series for the value of total commercial finance commitments decreased 2.6% in February 2009 compared with January 2009. This was due to a fall in fixed lending commitments (down 3.2%) and revolving credit commitments falling 1.5%.
The seasonally adjusted series for the value of total commercial finance commitments decreased 14.7% in February 2009 compared with January 2009. This was driven by a fall in revolving credit commitments (down 25.6%). Fixed lending commitments fell 7.5%.
The value of purchases of dwellings by individuals for rent or resale (trend) decreased 0.7% in February 2009, after a revised decrease of 0.7% in January 2009. The seasonally adjusted series rose 0.1% in February 2009.
The value of lease finance commitments (trend) decreased 2.4% in February 2009, while the seasonally adjusted series increased 1.7%.
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This page last updated 13 May 2009