Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5671.0 - Lending Finance, Australia, Jun 2011  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 10/08/2011   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

JUNE KEY FIGURES

May 2011
Jun 2011
May 2011 to Jun 2011
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
13 752
13 882
0.9
Personal finance
6 852
6 891
0.6
Commercial finance
30 544
30 443
-0.3
Lease finance
401
394
-1.7
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
14 131
14 127
0.0
Personal finance
7 050
6 993
-0.8
Commercial finance
31 984
29 897
-6.5
Lease finance
403
374
-7.2

(a) Excludes alterations and additions

Personal finance
Graph: PERSONAL FINANCE

Commercial finance
Graph: COMMERCIAL FINANCE




JUNE KEY POINTS


JUNE 2011 COMPARED WITH MAY 2011:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions rose 0.9% in trend terms, while the seasonally adjusted series was flat (0.0%).


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments rose 0.6%. Fixed lending commitments rose 1.5%, while revolving credit commitments fell 0.5%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 0.8%. Revolving credit commitments fell 4.3%, while fixed lending commitments rose 2.2%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 0.3%. Fixed lending commitments fell 0.6%, while revolving credit commitments rose 0.2%.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 6.5%, after a 8.8% rise in the previous month. Revolving credit commitments fell 8.4% and fixed lending commitments fell 5.6%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 1.7% and the seasonally adjusted series fell 7.2%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
July 2011 12 September 2011
August 2011 17 October 2011
September 2011 14 November 2011
October 2011 13 December 2011
November 2011 17 January 2012
December 2011 15 February 2012



REVISIONS

In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data. These revisions impact on:
  • Commercial finance values for May 2011; and
  • Owner occupied housing finance values for May 2011.

Seasonally adjusted and trend series have been revised as a result of revisions to the original series, the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.


IMPACT OF THE FLOODS

Flooding began in late December 2010 in Queensland, and was more extensive in both Queensland and other states in January 2011. On a month to month basis, original and seasonally adjusted series can be impacted by a number of factors including interest rates, supply constraints, consumer confidence and unusual influences. The specific impact of floods on these estimates can not be quantified.

The trend series provide an estimate of the underlying behavior of a series over time but, in the short term, may be distorted by unusual influences impacting on the original and seasonally adjusted estimates. Trend series will be subject to revision in future issues as additional monthly original estimates become available. Users are advised to exercise caution when using the most recent trend estimates. For further information please refer to page 3 of the August 2009 issue of Australian Economic Indicators (cat. no. 1350.0).


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Steve Sykes on Canberra (02) 6252 6446.


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.