5671.0 - Lending Finance, Australia, February 2017 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 12/04/2017   
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FEBRUARY KEY FIGURES

Jan 2017
Feb 2017
Jan 2017 to Feb 2017
$m
$m
% change
TREND ESTIMATES
Housing finance for owner occupation(a)
20 063
20 099
0.2
Personal finance
6 775
6 756
-0.3
Commercial finance
42 037
41 277
-1.8
Lease finance
690
734
6.4
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
20 103
19 997
-0.5
Personal finance
6 784
6 525
-3.8
Commercial finance
39 279
39 980
1.8
Lease finance
955
654
-31.5
(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance




FEBRUARY KEY POINTS


FEBRUARY 2017 COMPARED WITH JANUARY 2017:

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


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 0.3%. Fixed lending commitments fell 0.6%, while revolving credit commitments rose 0.2%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 3.8%. Fixed lending commitments fell 4.7% and revolving credit commitments fell 2.2%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 1.8%. Revolving credit commitments fell 3.2% and fixed lending commitments fell 1.5%.
  • The seasonally adjusted series for the value of total commercial finance commitments rose 1.8%. Revolving credit commitments rose 25.5%, while fixed lending commitments fell 2.8%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 6.4% in February 2017 and the seasonally adjusted series fell 31.5%, after a rise of 73.6% in January 2017.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
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
August 2017 16 October 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 the month of January 2017.
  • Personal Finance for the month of December 2016.
  • Lease Finance for the month of December 2016 to January 2017.


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.