5671.0 - Lending Finance, Australia, July 2017 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 11/09/2017   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions rose 0.7% in trend terms and the seasonally adjusted series rose 0.9%.

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 8 September 2017.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.5% in July 2017 compared with June 2017. Fixed lending commitments fell 0.6% and revolving credit commitments fell 0.4%.

The seasonally adjusted series for the value of total personal finance commitments was flat. Revolving credit commitments fell 5.6% while fixed lending commitments rose 3.6%.

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 0.8% in July 2017 compared with June 2017. Fixed lending commitments rose 1.0% and revolving credit commitments rose 0.1%.

The seasonally adjusted series for the value of total commercial finance commitments fell 6.3% in July 2017, after a rise of 13.4% in June 2017. Revolving lending commitments fell 9.7%, after a rise of 23.9% in the previous month. Fixed lending commitments fell 5.4%, after a rise of 11.0% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 1.0% in July 2017 while the seasonally adjusted series rose 0.7%.

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 fell 4.1% in July 2017 and the seasonally adjusted series fell 7.2%, after a rise of 2.3% in June 2017.

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