5671.0 - Lending Finance, Australia, Jan 2009

SUMMARY OF FINDINGS

HOUSING FINANCE FOR OWNER OCCUPATION

The trend series for the total value of owner occupied housing commitments excluding alterations and additions increased 2.5% and the seasonally adjusted series rose 2.3%.

For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 11 March 2009.

PERSONAL FINANCE

In trend terms, the value of total personal finance increased 0.6% in January 2009 compared with December 2008. Increases were recorded for revolving credit commitments (up 0.8%) and fixed lending commitments (up 0.2%).

In seasonally adjusted terms, the value of total personal finance commitments increased 1.4% in January 2009. Revolving credit commitments increased 3.4%, while fixed lending commitments decreased 1.1%.

In original terms, fixed lending commitments decreased 10.7% (down $301m ) in January 2009 compared with December 2008.

Movements in the original series contributing to this decrease were:

Refinancing, down $112m (15.4%)
Individual residential blocks of land, down $86m (20.8%)
Total motor vehicles, down $44m (5.6%)

COMMERCIAL FINANCE

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.

PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
Graph: PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE

LEASE FINANCE

The value of lease finance commitments (trend) decreased 2.0% in January 2009 and the seasonally adjusted series decreased 17.4%.

This page last updated 9 April 2009

	Mobile Survey Participant Information About Us Careers Contact Us
	Australian Bureau of Statistics Celebrating the International Year of Statistics 2013

Page tools: Print Page Print All RSS Search this Product
Main Features Summary of findings TIME SERIES DATA About this Release	SUMMARY OF FINDINGS HOUSING FINANCE FOR OWNER OCCUPATION The trend series for the total value of owner occupied housing commitments excluding alterations and additions increased 2.5% and the seasonally adjusted series rose 2.3%. For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 11 March 2009. PERSONAL FINANCE In trend terms, the value of total personal finance increased 0.6% in January 2009 compared with December 2008. Increases were recorded for revolving credit commitments (up 0.8%) and fixed lending commitments (up 0.2%). In seasonally adjusted terms, the value of total personal finance commitments increased 1.4% in January 2009. Revolving credit commitments increased 3.4%, while fixed lending commitments decreased 1.1%. In original terms, fixed lending commitments decreased 10.7% (down $301m ) in January 2009 compared with December 2008. Movements in the original series contributing to this decrease were: Refinancing, down $112m (15.4%) Individual residential blocks of land, down $86m (20.8%) Total motor vehicles, down $44m (5.6%) COMMERCIAL FINANCE 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. PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE LEASE FINANCE The value of lease finance commitments (trend) decreased 2.0% in January 2009 and the seasonally adjusted series decreased 17.4%. Document Selection These documents will be presented in a new window. This page last updated 9 April 2009

Australian Bureau of StatisticsCelebrating the International Year of Statistics 2013

Australian Bureau of Statistics
Celebrating the International Year of Statistics 2013