5671.0 - Lending Finance, Australia, August 2017 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 16/10/2017   
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AUGUST KEY FIGURES

Jul 2017
Aug 2017
Jul 2017 to Aug 2017
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
20 996
21 176
0.9
Personal finance
5 966
5 999
0.5
Commercial finance
43 687
43 665
0.0
Lease finance
576
585
1.5
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
21 071
21 265
0.9
Personal finance
6 005
6 151
2.4
Commercial finance
42 528
43 505
2.3
Lease finance
578
574
-0.6

(a) Excludes alterations and additions

Personal Finance
Graph: Graph shows personal  finance seasonally adjusted and trend data

Commercial Finance
Graph: Commercial Finance




AUGUST KEY POINTS


AUGUST 2017 COMPARED WITH JULY 2017:

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


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments rose 0.5%. Revolving credit commitments rose 0.8% and fixed lending commitments rose 0.4%.
  • The seasonally adjusted series for the value of total personal finance commitments rose 2.4%. Revolving credit commitments rose 6.4% while fixed lending commitments was flat.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments was flat. Fixed lending commitments rose 0.4% while revolving credit commitments fell 1.7%.
  • The seasonally adjusted series for the value of total commercial finance commitments rose 2.3%. Revolving credit commitments rose 4.3% and fixed lending commitments rose 1.8%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 1.5% in August 2017 while the seasonally adjusted series fell 0.6%, following a 6.8% fall in July 2017.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
September 2017 13 November 2017
October 2017 12 December 2017
November 2017 19 January 2018
December 2017 13 February 2018
January 2018 14 March 2018
February 2018 16 April 2018



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 have affected the following series:
  • Commercial Finance for the month of July 2017.
  • Lease Finance for the month of June 2017.


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INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.