5671.0 - Lending Finance, Australia, Sep 2014  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 12/11/2014   
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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 0.1% in trend terms and the seasonally adjusted series rose 1.4%.

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 November 2014.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments rose 0.4% in September 2014 compared with August 2014. Fixed lending commitments rose 0.9%, while revolving credit commitments fell 0.3%.

The seasonally adjusted series for the value of total personal finance commitments fell 5.5%. Revolving credit commitments fell 7.7% and fixed lending commitments fell 3.7%.

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 1.6% in September 2014 compared with August 2014. Revolving credit commitments fell 4.3% and fixed lending commitments fell 0.5%.

The seasonally adjusted series for the value of total commercial finance commitments rose 2.4% in September 2014, after a fall of 16.2% in August 2014. Fixed lending commitments rose 4.9%, after a fall of 18.4% in the previous month. Revolving credit commitments fell 4.1%, following a fall of 9.6% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 1.3% in September 2014 and the seasonally adjusted series rose 4.2%.

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 1.2% in September 2014 and the seasonally adjusted series fell 1.0%, after a rise of 9.3% in August 2014.

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