5671.0 - Lending Finance, Australia, Sep 2015 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/11/2015   
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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 2.0% in trend terms and the seasonally adjusted series rose 3.0%.

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 Housing Finance, Australia (cat. no. 5609.0), which was released on Tuesday 10 November 2015.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 1.1% in September 2015 compared with August 2015. Fixed lending commitments fell 1.9%, while revolving credit commitments were flat.

The seasonally adjusted series for the value of total personal finance commitments fell 0.8%. Fixed lending commitments fell 3.2%, while revolving credit commitments rose 3.0%.

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 fell 0.4% in September 2015 compared with August 2015. Revolving lending commitments fell 3.9%, while fixed lending commitments rose 0.7%.

The seasonally adjusted series for the value of total commercial finance commitments rose 9.5% in September 2015, after a fall of 4.1% in August 2015. Fixed lending commitments rose 9.8%, after a fall of 2.5% in the previous month. Revolving lending commitments rose 8.4%, after a fall of 9.7% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 1.7% in September 2015 and the seasonally adjusted series fell 11.0%.

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 2.0% in September 2015 and the seasonally adjusted series fell 0.5%, following a fall of 32.8% in August 2015.

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