LENDING BY FINANCIAL INSTITUTIONS

The lending activities of financial institutions are grouped for statistical purposes into four major types of lending: housing, personal, commercial and leasing. Information regarding housing finance is presented in chapter 10 HOUSING. Table 27.29 shows the size of commitments by financial institutions for the four types of lending activity. It should be noted that, although commitments are firm offers of finance made by institutions that have been accepted by borrowers, not all commitments are taken up by borrowers.

27.29 LENDING COMMITMENTS OF FINANCIAL INSTITUTIONS
	2008–09	2009–10	2010–11
Type of lending activity	$m	$m	$m
Housing finance(a)	175 022	180 003	166 427
Personal finance	81 589	88 326	86 536
Commercial finance	367 419	345 504	365 130
Lease finance	5 687	4 642	4 916
Total	629 717	618 475	623 009
(a) Secured finance for owner occupation. Excludes alterations and additions.
Source: Lending Finance, Australia (5671.0).

LEASE FINANCE

Table 27.30 shows the value of lease finance commitments made by significant lenders (banks, money market corporations, finance companies, general financiers, etc.) to trading and financial enterprises, non-profit organisations, governments, public authorities and individuals.

27.30 LEASE FINANCE COMMITMENTS, By type of lessor
	2008–09	2009–10	2010–11
	$m	$m	$m
Banks	2 144	1 417	1 242
Finance companies	np	np	np
General financiers	1 658	1 614	1 764
Other(a)	np	np	np
Total	5 687	4 642	4 916
np not available for publication but included in totals where applicable, unless otherwise indicated
(a) Includes money market corporations.
Source: Lending Finance, Australia (5671.0).

PERSONAL FINANCE

Table 27.31 shows the value of commitments made by significant lenders (banks, credit co-operatives, finance companies, etc.) to individuals for their own personal (non-business) use. This includes credit card facilities and personal loans, but excludes secured housing finance.

27.31 PERSONAL FINANCE COMMITMENTS(a), By type of lender
	2008–09	2009–10	2010–11
	$m	$m	$m
Banks	67 318	76 298	73 906
Finance companies	np	np	np
Credit co-operatives	np	np	np
Other lenders(b)	8 053	7 656	8 430
Total	81 589	88 326	86 536
np not available for publication but included in totals where applicable, unless otherwise indicated
(a) Includes both fixed loan facilities and new and increased lending commitments under revolving credit facilities.
(b) Includes permanent building societies, general financiers and retailers.
Source: Lending Finance, Australia (5671.0).

COMMERCIAL FINANCE

Table 27.32 shows the value of commitments, made by significant lenders (banks, finance companies, money market corporations, etc.) to lend to government, private and public enterprises, non-profit organisations and individuals for investment and business purposes.

27.32 COMMERCIAL FINANCE COMMITMENTS(a), By type of lender
	2008–09	2009–10	2010–11
	$m	$m	$m
Banks	316 561	310 716	279 439
Finance companies	np	np	np
Money market corporations	np	np	np
Other lenders(b)	np	np	np
Total	367 419	345 504	365 131
np not available for publication but included in totals where applicable, unless otherwise indicated
(a) Includes both fixed loan facilities and new and increased lending commitments under revolving credit facilities.
(b) Includes permanent building societies, general financiers and pastoral finance companies.
Source: Lending Finance, Australia (5671.0).