5671.0 - Lending Finance, Australia, January 2018 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 14/03/2018   
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SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions rose 0.1% in trend terms and the seasonally adjusted series rose 0.5%.

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 13 March 2018.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.1% in January 2018 compared with December 2017. Fixed lending commitments fell 0.1% and revolving credit commitments fell 0.1%.

The seasonally adjusted series for the value of total personal finance commitments rose 4.5%. Revolving credit commitments rose 8.5% and fixed lending commitments rose 2.3%.

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 rose 1.1% in January 2018 compared with December 2017. Revolving credit commitments rose 2.5% and fixed lending commitments rose 0.7%.

The seasonally adjusted series for the value of total commercial finance commitments was flat in January 2018, after a fall of 5.7% in December 2017. Revolving credit commitments rose 6.3%, following a rise of 15.7% in the previous month. Fixed lending commitments fell 1.9%, following a fall of 10.9% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 1.3% in January 2018 and the seasonally adjusted series fell 1.4%.

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 0.1% in January 2018 and the seasonally adjusted series fell 6.1%, after a rise of 8.7% in December 2017.

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