5671.0 - Lending Finance, Australia, December 2016 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 14/02/2017   
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DECEMBER KEY FIGURES

Nov 2016
Dec 2016
Nov 2016 to Dec 2016
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
19 942
19 988
0.2
Personal finance
6 892
6 940
0.7
Commercial finance
44 205
45 208
2.3
Lease finance
521
521
0.1
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
19 954
20 207
1.3
Personal finance
6 994
7 111
1.7
Commercial finance
47 949
43 162
-10.0
Lease finance
510
538
5.4

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance




DECEMBER KEY POINTS


DECEMBER 2016 COMPARED WITH NOVEMBER 2016:

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 rose 1.3%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments rose 0.7%. Revolving credit commitments rose 1.0% and fixed lending commitments rose 0.5%.
  • The seasonally adjusted series for the value of total personal finance commitments rose 1.7%. Fixed lending commitments rose 3.2%, while revolving credit commitments fell 0.8%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 2.3%. Fixed lending commitments rose 2.4% and revolving credit commitments rose 1.6%.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 10.0%. Revolving credit commitments fell 15.8% and fixed lending commitments fell 8.6%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 0.1% in December 2016 and the seasonally adjusted series rose 5.4%, following a rise of 3.5% in November 2016.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
January 2017 15 March 2017
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



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 November 2016.
  • Owner-occupied and investment housing finance for the month of November 2016.
  • Lease Finance for the month of November 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.