Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
5609.0 - Housing Finance, Australia, Sep 2008 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 10/11/2008   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

WHAT IF...? REVISIONS TO TREND ESTIMATES


EFFECT OF NEW SEASONALLY ADJUSTED ESTIMATES ON TREND ESTIMATES


SENSITIVITY ANALYSIS

Readers should exercise care when interpreting the trend estimates of recent months because they will be revised when next month’s seasonally adjusted estimates become available. For further information, see paragraphs 29 and 30 in the Explanatory Notes.

The graph below presents the effect of two possible scenarios on the trend estimates:

1 The October 2008 seasonally adjusted estimate of the number of dwelling commitments is higher than the September 2008 seasonally adjusted estimate by 2.4%.

2 The October 2008 seasonally adjusted estimate of the number of dwelling commitments is lower than the September 2008 seasonally adjusted estimate by 2.4%.

The percentage change of 2.4% was chosen because the average absolute percentage change of the seasonally adjusted series, based on the last 10 years of data, has been 2.4%.

Number of Owner Occupied Dwelling Finance Commitments

Graph: SENSITIVITY ANALYSIS


What if next month's seasonally adjusted estimate:
Trend as published
(1) rises by 2.4% on this month
(2) falls by 2.4% on this month
no.
% change
no.
% change
no.
% change

March 2008
59 249
-4.6
59 248
-4.6
59 248
-4.6
April 2008
56 149
-5.2
56 085
-5.3
56 130
-5.3
May 2008
53 368
-5.0
53 233
-5.1
53 310
-5.0
June 2008
51 191
-4.1
51 121
-4.0
51 159
-4.0
July 2008
49 523
-3.3
49 708
-2.8
49 606
-3.0
August 2008
48 237
-2.6
48 679
-2.1
48 342
-2.5
September 2008
47 340
-1.9
47 923
-1.6
47 288
-2.2




Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.