5671.0 - Lending Finance, Australia, Jun 2013  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 12/08/2013   
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JUNE KEY FIGURES

May 2013
Jun 2013
May 2013 to Jun 2013
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
15 032
15 261
1.5
Personal finance
8 043
8 042
0.0
Commercial finance
32 452
33 322
2.7
Lease finance
507
509
0.5
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
15 046
15 361
2.1
Personal finance
8 003
7 784
-2.7
Commercial finance
32 080
35 776
11.5
Lease finance
482
521
8.2

(a) Excludes alterations and additions

Personal Finance
Graph: Personal Finance

Commercial Finance
Graph: Commercial Finance




JUNE KEY POINTS


JUNE 2013 COMPARED WITH MAY 2013:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions rose 1.5% in trend terms and the seasonally adjusted series rose 2.1%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments was flat. Fixed lending commitments rose 0.3%, while revolving credit commitments fell 0.4%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 2.7%. Revolving credit commitments fell 3.2% and fixed lending commitments fell 2.5%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 2.7%. Revolving credit commitments rose 5.4% and fixed lending commitments rose 1.7%.
  • The seasonally adjusted series for the value of total commercial finance commitments rose 11.5% in June 2013, following a rise of 3.4% in May 2013. Revolving credit commitments rose 48.8%, after a fall of 9.1% in the previous month. Fixed lending commitments rose 0.5%, following a rise of 7.8% in the previous month.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 0.5% and the seasonally adjusted series rose 8.2%, after a fall of 4.4% in May 2013.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
July 2013 11 September 2013
August 2013 15 October 2013
September 2013 12 November 2013
October 2013 13 December 2013
November 2013 15 January 2014
December 2013 14 February 2014



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 impacted on:
  • Lease finance values for May 2013.

Seasonally adjusted and trend series are 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.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Elaine Lau on Sydney (02) 9268 4067.