Australian Bureau of Statistics
5671.0 - Lending Finance, Australia, Sep 2008
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 12/11/2008
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SUMMARY OF FINDINGS
The trend series for the value of total commercial finance commitments rose 0.6% in September 2008 compared with August 2008. This was due to a rise in revolving credit commitments (up 2.4%), while fixed lending commitments fell (down 0.6%).
The seasonally adjusted series for the value of total commercial finance commitments rose 14.1% in September 2008. This increase was due to a rise in both fixed lending commitments (up 20.2%) and revolving credit commitments (up 5.4%).
The value of purchases of dwellings by individuals for rent or resale (trend) fell 0.4% in September 2008, after a decrease of 1.0% in August 2008. The seasonally adjusted series rose by 1.4% in September 2008.
The value of lease finance commitments (trend) fell 1.8% in September 2008, while the seasonally adjusted series fell 4.0%.
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This page last updated 12 December 2008