5671.0 - Lending Finance, Australia, May 2009  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/07/2009   
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MAY KEY FIGURES

Apr 2009
May 2009
Apr 2009 to May 2009
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation
16 551
17 042
3.0
Personal finance
6 213
6 158
-0.9
Commercial finance
28 076
28 192
0.4
Lease finance
428
416
-2.9
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation
16 663
17 045
2.3
Personal finance
6 211
6 029
-2.9
Commercial finance
27 171
28 264
4.0
Lease finance
419
412
-1.9


Personal finance
Graph: PERSONAL FINANCE

Commercial finance
Graph: COMMERCIAL FINANCE




MAY KEY POINTS


MAY 2009 COMPARED WITH APRIL 2009:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions increased 3.0% in trend terms and the seasonally adjusted series rose 2.3%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments decreased 0.9%. Revolving credit commitments fell 2.9%, while fixed lending commitments rose 1.4%.
  • The seasonally adjusted series for the value of total personal finance commitments decreased 2.9%, with decreases recorded in revolving credit commitments (down 4.8%) and fixed lending commitments (down 0.8%).


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments increased 0.4%. Fixed lending commitments rose 1.1%, while revolving credit commitments fell 0.9%.
  • The seasonally adjusted series for the value of total commercial finance commitments increased 4.0%, with increases recorded in fixed lending commitments (up 4.1%) and revolving credit commitments (up 3.8%).


LEASE FINANCE
  • Lease finance commitments decreased 2.9% in trend terms and the seasonally adjusted series decreased 1.9%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
June 2009 11 August 2009
July 2009 14 September 2009
August 2009 12 October 2009
September 2009 11 November 2009
October 2009 14 December 2009
November 2009 13 January 2010



REVISIONS

Revisions in original terms were made to Housing finance and Personal finance from February 2009 to April 2009. Seasonally adjusted and trend series have been revised as a result of revisions to the original series and the incorporation of estimates for the latest month.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Philip Beresford on Canberra (02) 6252 6052.