5671.0 - Lending Finance, Australia, Aug 2016 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 14/10/2016   
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AUGUST KEY FIGURES

Jul 2016
Aug 2016
Jul 2016 to Aug 2016
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
20 007
19 820
-0.9
Personal finance
7 025
6 968
-0.8
Commercial finance
38 596
38 322
-0.7
Lease finance
501
493
-1.6
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
19 817
19 497
-1.6
Personal finance
7 099
6 793
-4.3
Commercial finance
39 705
39 545
-0.4
Lease finance
491
504
2.6

(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 2016 COMPARED WITH JULY 2016:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions fell 0.9% in trend terms, and the seasonally adjusted series fell 1.6%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 0.8%. Revolving credit commitments fell 2.1%, while fixed lending commitments was flat.
  • The seasonally adjusted series for the value of total personal finance commitments fell 4.3%. Revolving credit commitments fell 12.3%, while fixed lending commitments rose 0.8%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 0.7%. Revolving credit commitments fell 3.6%, while fixed lending commitments was flat.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 0.4%. Revolving credit commitments fell 0.8% and fixed lending commitments fell 0.3%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 1.6% in August 2016 and the seasonally adjusted series rose 2.6%, after a fall of 8.5% in July 2016.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
September 2016 14 November 2016
October 2016 12 December 2016
November 2016 23 January 2017
December 2016 14 February 2017
January 2017 15 March 2017
February 2017 12 April 2017



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 period March 2015 to July 2016.
  • Personal Finance for period March 2016 to July 2016.
  • Investment housing for period March 2016 to July 2016.
  • Lease Finance for period February 2016 to July 2016.


PRIVACY

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INQUIRIES

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