5671.0 - Lending Finance, Australia, Oct 2014  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 12/12/2014   
   Page tools: Print Print Page Print all pages in this productPrint All

SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions rose 0.2% in trend terms and the seasonally adjusted series rose 1.0%.

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 (cat. no. 5609.0), which was released on 10 December 2014.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments rose 0.7% in October 2014 compared with September 2014. Fixed lending commitments rose 1.1% and revolving credit commitments rose 0.1%.

The seasonally adjusted series for the value of total personal finance commitments rose 6.5%. Revolving credit commitments rose 11.2% and fixed lending 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 2.6% in October 2014 compared with September 2014. Revolving credit commitments fell 7.9% and fixed lending commitments fell 0.6%.

The seasonally adjusted series for the value of total commercial finance commitments fell 2.2% in October 2014 after a rise of 2.0% in September 2014. Revolving credit commitments fell 11.5%, following a fall of 5.3% in the previous month. Fixed lending commitments rose 0.9%, following a rise of 4.8% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 1.4% in October 2014 and the seasonally adjusted series rose 1.3%.

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: PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE



LEASE FINANCE

The trend series for the value of total lease finance commitments rose 0.8% in October 2014 and the seasonally adjusted series fell 4.7%, following a fall of 0.9% in September 2014.

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