5671.0 - Lending Finance, Australia, Jun 2016 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 12/08/2016   
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JUNE KEY FIGURES

May 2016
Jun 2016
May 2016 to Jun 2016
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
20 519
20 554
0.2
Personal finance
7 122
7 144
0.3
Commercial finance
38 944
38 085
-2.2
Lease finance
532
517
-2.8
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
20 431
20 793
1.8
Personal finance
7 097
6 886
-3.0
Commercial finance
38 957
35 586
-8.7
Lease finance
479
541
13.0

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance




JUNE KEY POINTS


JUNE 2016 COMPARED WITH MAY 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 1.8%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments rose 0.3%. Fixed lending commitments rose 0.8%, while revolving credit commitments fell 0.4%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 3.0%. Fixed lending commitments rose 0.6%, while revolving credit commitments fell 8.3%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 2.2%. Revolving credit commitments fell 3.8% and fixed lending commitments fell 1.7%.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 8.7%. Revolving credit commitments fell 31.6% and fixed lending commitments fell 1.3%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 2.8% in June 2016 and the seasonally adjusted series rose 13.0%, after a fall of 14.3% in May 2016.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
July 2016 12 September 2016
August 2016 14 October 2016
September 2016 14 November 2016
October 2016 12 December 2016
November 2016 23 January 2017
December 2017 14 February 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 July 2013 to May 2016.
  • Personal Finance for period July 2013 to May 2016.
  • Owner occupied housing for period July 2013 to May 2016.
  • Investment housing for period July 2013 to May 2016.
  • Lease Finance for period July 2013 to May 2016.

These revisions have resulted in a series break being applied to the following series:
  • Secured Housing - Construction and purchase of dwellings in Table 1.
  • Owner Occupation (Secured Finance) - Purchase of new dwellings and All Housing Finance in Table 8 of this publication.


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INQUIRIES

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