Australian Bureau of Statistics
5671.0 - Lending Finance, Australia, Jan 2009
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 16/03/2009
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SUMMARY OF FINDINGS
The trend series for the value of total commercial finance commitments decreased 0.4% in January 2009 compared with December 2008. Fixed lending commitments fell 2.0%, while revolving credit commitments rose 2.3%.
The seasonally adjusted series for the value of total commercial finance commitments increased 6.5% in January 2009 compared with December 2008. This was due to a rise in revolving credit commitments (up 14.7%). Fixed lending commitments also rose 1.2%.
The value of purchases of dwellings by individuals for rent or resale (trend) decreased 0.5% in January 2009, after a revised decrease of 0.6% in December 2008. The seasonally adjusted series fell 3.2% in January 2009.
The value of lease finance commitments (trend) decreased 2.0% in January 2009 and the seasonally adjusted series decreased 17.4%.
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This page last updated 9 April 2009