Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
5671.0 - Lending Finance, Australia, Nov 2010  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/01/2011   
   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

(Table 1)

The trend series for the total value of owner occupied housing commitments excluding alterations and additions rose 1.1% and the seasonally adjusted series rose 2.9%.

For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 12 January 2011.


PERSONAL FINANCE

(Tables 1 & 4)

In trend terms, the value of total personal finance commitments rose 0.7% in November 2010 compared with October 2010. Fixed lending commitments rose 1.5%, while revolving credit commitments was flat (0.0%).

In seasonally adjusted terms, the value of total personal finance commitments rose 2.2% in November 2010. Revolving credit commitments rose 2.5% and fixed lending commitments rose 2.0%.


COMMERCIAL FINANCE

(Tables 1 & 8)

The trend series for the value of total commercial finance commitments rose 1.1% in November 2010 compared with October 2010. Revolving credit commitments rose 1.8% and fixed lending commitments rose 0.7%.

The seasonally adjusted series for the value of total commercial finance commitments rose 1.0% in November 2010. Fixed lending commitments rose 3.8%, while revolving credit commitments fell 4.9%.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 0.4% in November 2010, following a fall of 0.7% in October 2010. The seasonally adjusted series fell 0.8% in November 2010.

PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
Graph: PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE



LEASE FINANCE

(Table 1)

The value of total lease finance commitments (trend) rose 1.1% in November 2010. The seasonally adjusted series rose 0.5%.


FINANCE FOR MOTOR VEHICLES

(Table 9)

In November 2010, the original series for the value of personal finance commitments for motor vehicles rose to $996m, the highest level since March 2004 ($1,013m). Personal finance commitments for new motor cars and station wagons rose to $400m, the highest level since August 2000 ($454m).


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.