5671.0 - Lending Finance, Australia, Jan 2016 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 11/03/2016   
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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 0.1% in trend terms and the seasonally adjusted series fell 4.3%.

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 9 March 2016.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.1% in January 2016 compared with December 2015. Revolving lending commitments fell 0.4% and fixed lending commitments was flat.

The seasonally adjusted series for the value of total personal finance commitments fell 1.4%. Revolving lending commitments fell 1.6% and fixed lending commitments fell 1.2%.

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 1.5% in January 2016 compared with December 2015. Fixed lending commitments fell 2.3%, while revolving credit commitments rose 1.1%.

The seasonally adjusted series for the value of total commercial finance commitments fell 2.5% in January 2016, following a fall of 8.8% in December 2015. Fixed lending commitments fell 2.5%, following a fall of 3.2% in the previous month. Revolving lending commitments fell 2.2%, following a fall of 23.1% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 1.9% in January 2016 and the seasonally adjusted series fell 1.1%.

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 rose 0.4% in January 2016 and the seasonally adjusted series rose 3.7%, following a rise of 2.0% in December 2015.

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