5671.0 - Lending Finance, Australia, December 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 13/02/2018   
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SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions rose 0.1% in trend terms and the seasonally adjusted series fell 1.0%.

Further detail can be found in Table 1 on the downloads tab of this release and in the PDF.

For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 9 February 2018.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.2% in December 2017 compared with November 2017. Revolving lending commitments fell 1.4%, while fixed lending commitments rose 0.5%.

The seasonally adjusted series for the value of total personal finance commitments fell 4.9%. Revolving lending commitments fell 6.8% and fixed lending commitments fell 3.9%.

Further detail can be found in Tables 1 and 4 on the downloads tab of this release and in the PDF.


COMMERCIAL FINANCE

The trend series for the value of total commercial finance commitments rose 0.2% in December 2017 compared with November 2017. Fixed lending commitments rose 0.3%, while revolving credit commitments fell 0.3%.

The seasonally adjusted series for the value of total commercial finance commitments fell 6.1% in December 2017, after a rise of 14.7% in November 2017. Fixed lending commitments fell 11.0%, after a rise of 22.3% in the previous month. Revolving lending commitments rose 14.3%, after a fall of 9.0% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 1.0% in December 2017 and the seasonally adjusted series fell 1.3%.

Further detail can be found in Tables 1 and 8 on the downloads tab of this release and in the PDF.

PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
Graph: Graph shows commitments for the purchase of dwellings by individuals for rent or resale



LEASE FINANCE

The trend series for the value of total lease finance commitments fell 0.1% in December 2017 while the seasonally adjusted series rose 8.3%, after a fall of 7.6% in November 2017.

Further detail can be found in Table 1 on the downloads tab of this release and in the PDF.