5671.0 - Lending Finance, Australia, March 2017 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/05/2017   
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MARCH KEY FIGURES

Feb 2017
Mar 2017
Feb 2017 to Mar 2017
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
20 117
20 143
0.1
Personal finance
6 625
6 538
-1.3
Commercial finance
42 434
42 292
-0.3
Lease finance
682
691
1.3
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
19 993
20 180
0.9
Personal finance
6 485
6 374
-1.7
Commercial finance
40 136
45 368
13.0
Lease finance
647
563
-13.0

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance




MARCH KEY POINTS


MARCH 2017 COMPARED WITH FEBRUARY 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 0.9%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 1.3%. Fixed lending commitments fell 1.7% and revolving credit commitments fell 0.7%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 1.7%. Fixed lending commitments fell 3.2%, while revolving credit commitments rose 0.8%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 0.3%. Fixed lending commitments fell 1.4%, while revolving credit commitments rose 3.8%.
  • The seasonally adjusted series for the value of total commercial finance commitments rose 13.0%. Revolving credit commitments rose 36.8% and fixed lending commitments rose 7.1%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 1.3% in March 2017 and the seasonally adjusted series fell 13.0%, following a fall of 32.1% in February 2017.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2017 9 June 2017
May 2017 13 July 2017
June 2017 11 August 2017
July 2017 11 September 2017
August 2017 16 October 2017
September 2017 13 November 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 from July 2013 to February 2017.
  • Personal Finance from June 2015 to February 2017.
  • Owner-occupied finance from May 2012 to February 2017.
  • Investment housing finance from July 2013 to February 2017.
  • Lease Finance for the month of December 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.