5671.0 - Lending Finance, Australia, Mar 2015  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 15/05/2015   
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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 0.8% in trend terms and the seasonally adjusted series rose 1.6%.

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 12 May 2015.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments rose 0.3% in March 2015 compared with February 2015. Fixed lending commitments rose 0.4% and revolving credit commitments rose 0.1%.

The seasonally adjusted series for the value of total personal finance commitments fell 0.9%. Revolving lending commitments fell 7.1%, while fixed lending commitments rose 4.1%.

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 2.0% in March 2015 compared with February 2015. Fixed lending commitments rose 2.2% and revolving credit commitments rose 1.6%.

The seasonally adjusted series for the value of total commercial finance commitments rose 0.4% in March 2015, after a fall of 2.1% in February 2015. Fixed lending commitments rose 5.1%, following a rise of 3.0% in the previous month. Revolving lending commitments fell 12.2%, following a fall of 13.6% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 0.5% in March 2015 and the seasonally adjusted series rose 3.3%.

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 1.4% in March 2015 and the seasonally adjusted series rose 3.0%, following a rise of 3.6% in February 2015.

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