5671.0 - Lending Finance, Australia, January 2017 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 15/03/2017   
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JANUARY KEY FIGURES

Dec 2016
Jan 2017
Dec 2016 to Jan 2017
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
20 023
20 124
0.5
Personal finance
6 899
6 925
0.4
Commercial finance
43 390
43 001
-0.9
Lease finance
648
714
10.2
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
20 169
20 128
-0.2
Personal finance
7 076
6 876
-2.8
Commercial finance
42 460
39 459
-7.1
Lease finance
553
959
73.5

(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 2017 COMPARED WITH DECEMBER 2016:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions rose 0.5% in trend terms, while the seasonally adjusted series fell 0.2%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments rose 0.4%. Fixed lending commitments rose 0.4% and revolving credit commitments rose 0.3%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 2.8%. Revolving credit commitments fell 5.1% and fixed lending commitments fell 1.5%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 0.9%. Revolving credit commitments fell 5.1%, while fixed lending commitments was flat.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 7.1%. Revolving credit commitments fell 19.1% and fixed lending commitments fell 4.3%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 10.2% in January 2017 and the seasonally adjusted series rose 73.5%, following a rise of 8.1% in December 2016.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
February 2017 12 April 2017
March 2017 17 May 2017
April 2017 9 June 2017
May 2017 13 July 2017
June 2017 11 August 2017
July 2017 11 September 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 October 2016 to November 2016.
  • Personal Finance for the month of December 2016.
  • Owner occupied and investment housing from October 2016 to December 2016.
  • 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.