5671.0 - Lending Finance, Australia, Aug 2015 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 12/10/2015   
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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 1.9% in trend terms and the seasonally adjusted series rose 6.1%.

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 Housing Finance, Australia (cat. no. 5609.0), which was released on Friday 9 October 2015.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.8% in August 2015 compared with July 2015. Fixed lending commitments fell 0.9% and revolving credit commitments fell 0.5%.

The seasonally adjusted series for the value of total personal finance commitments fell 2.5%. Revolving credit commitments fell 5.0% and fixed lending commitments fell 0.9%.

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 fell 2.1% in August 2015 compared with July 2015. Revolving lending commitments fell 2.5% and fixed lending commitments fell 1.9%.

The seasonally adjusted series for the value of total commercial finance commitments fell 4.4% in August 2015, following a fall of 7.7% in July 2015. Revolving lending commitments fell 8.7%, following a fall of 20% in the previous month. Fixed lending commitments fell 3.1%, following a fall of 3.4% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 0.3% in August 2015 and the seasonally adjusted series rose 4.3%.

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 rose 1.6% in August 2015 and the seasonally adjusted series fell 33.2%, after a rise of 60.8% in July 2015.

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