Australian Bureau of Statistics
5671.0 - Lending Finance, Australia, Jul 2008
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 10/09/2008
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SUMMARY OF FINDINGS
The trend series for the value of total commercial finance commitments fell 4.6% in July 2008 compared with June 2008. This was due to a fall in both fixed lending commitments (down 5.0%) and revolving credit commitments (down 4.0%).
The seasonally adjusted series for the value of total commercial finance commitments fell 1.8% in July 2008. This decrease was due to a fall in fixed lending commitments (down 3.2%), while revolving credit commitments rose 1.1%.
The value of purchases of dwellings by individuals for rent or resale (trend) fell 2.7% in July 2008, after a decrease of 3.3% in June 2008. The seasonally adjusted series fell by 2.8% in July 2008.
The value of lease finance commitments (trend) fell 0.9% in July 2008, while the seasonally adjusted series fell 5.6%.
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This page last updated 10 October 2008