5671.0 - Lending Finance, Australia, January 2018 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 14/03/2018   
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JANUARY KEY FIGURES

Dec 2017
Jan 2018
Dec 2017 to Jan 2018
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
21 097
21 126
0.1
Personal finance
6 303
6 298
-0.1
Commercial finance
42 763
43 245
1.1
Lease finance
564
564
0.1
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
21 059
21 165
0.5
Personal finance
6 078
6 350
4.5
Commercial finance
42 996
43 009
0.0
Lease finance
589
553
-6.1

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance




JANUARY KEY POINTS


JANUARY 2018 COMPARED WITH DECEMBER 2017:

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 0.5%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 0.1%. Fixed lending commitments fell 0.1% and revolving credit commitments fell 0.1%.
  • The seasonally adjusted series for the value of total personal finance commitments rose 4.5%. Revolving credit commitments rose 8.5% and fixed lending commitments rose 2.3%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 1.1%. Revolving credit commitments rose 2.5% and fixed lending commitments rose 0.7%.
  • The seasonally adjusted series for the value of total commercial finance commitments was flat. Fixed lending commitments fell 1.9%, while revolving credit commitments rose 6.3%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 0.1% in January 2018 and the seasonally adjusted series fell 6.1%, after a rise of 8.7% in December 2017.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
February 2018 16 April 2018
March 2018 15 May 2018
April 2018 12 June 2018
May 2018 13 July 2018
June 2018 10 August 2018



FORTHCOMING CHANGES

The ABS is proposing to combine Housing Finance, Australia (5609.0) and Lending Finance, Australia (5671.0) into a single, simpler publication called Lending to Households and Businesses, Australia (5601.0). The new publication is expected to be released on 12 June 2018. Some of the data currently published in the two publications will no longer be published in the new consolidated publication, however, some existing outputs will be further disaggregated. New analytical series will also be added with the inclusion of seasonally adjusted and trend estimates for more data items.

An information paper which outlines the changes in more detail and format of the new publication as well as historical data in the new table structures, will be released no less than one month prior to the first release of Lending to Households and Businesses, Australia (5601.0).


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 period December 2017.
  • Personal Finance for the period December 2017.
  • Investment housing finance for the periods between October 2017 and December 2017.


PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


INQUIRIES

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