5671.0 - Lending Finance, Australia, Feb 2016 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/04/2016   
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SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions fell 0.6% in trend terms and the seasonally adjusted series rose 1.7%.

Further detail can be found in Table 1 on the downloads tab of this release and in the PDF.

For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 11 April 2016.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.3% in February 2016 compared with January 2016. Revolving lending commitments fell 1.7%, while fixed lending commitments rose 0.5%.

The seasonally adjusted series for the value of total personal finance commitments fell 3.1%. Revolving lending commitments fell 9.8%, while fixed lending commitments rose 1.3%.

Further detail can be found in Tables 1 and 4 on the downloads tab of this release and in the PDF.


COMMERCIAL FINANCE

The trend series for the value of total commercial finance commitments fell 1.2% in February 2016 compared with January 2016. Revolving credit commitments rose 0.1%, while fixed lending commitments fell 1.6%.

The seasonally adjusted series for the value of total commercial finance commitments rose 5.6% in February 2016, after a fall of 2.6% in January 2016. Revolving lending commitments rose 10.6%, after a fall of 3.4% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 0.7% in February 2016 and the seasonally adjusted series rose 1.3%.

Further detail can be found in Tables 1 and 8 on the downloads tab of this release and in the PDF.

PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
Graph: Graph shows commitments for the purchase of dwellings by individuals for rent or resale



LEASE FINANCE

The trend series for the value of total lease finance commitments was flat in February 2016 and the seasonally adjusted series fell 3.3%, after a rise of 3.6% in January 2016.

Further detail can be found in Table 1 on the downloads tab of this release and in the PDF.