5671.0 - Lending Finance, Australia, November 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 21/01/2019  Ceased
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NOVEMBER KEY FIGURES

Oct 2018
Nov 2018
Oct 2018 to Nov 2018
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
19 919
19 726
-1.0
Personal finance
5 721
5 695
-0.5
Commercial finance
43 980
44 213
0.5
Lease finance
608
597
-1.9
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
20 084
19 795
-1.4
Personal finance
5 711
5 613
-1.7
Commercial finance
43 653
43 588
-0.2
Lease finance
607
595
-2.0

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance



NOVEMBER KEY POINTS


NOVEMBER 2018 COMPARED WITH OCTOBER 2018:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions fell 1.0% in trend terms, and the seasonally adjusted series fell 1.4%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 0.5%. Fixed lending commitments fell 0.7%, while revolving credit commitments was flat.
  • The seasonally adjusted series for the value of total personal finance commitments fell 1.7%. Fixed lending commitments fell 2.5% and revolving credit commitments fell 0.1%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 0.5%. Revolving credit commitments rose 1.0% and fixed lending commitments rose 0.4%.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 0.2%. Fixed lending commitments fell 7.3%, while revolving credit commitments rose 27.0%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 1.9% in November 2018 and the seasonally adjusted series fell 2.0%, after a rise of 2.0% in October 2018.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
No forthcoming issue



CESSATION OF HOUSING FINANCE, AUSTRALIA (5609.0) AND LENDING FINANCE, AUSTRALIA (5671.0)

November 2018 is the final issue of the Housing Finance, Australia (5609.0) and Lending Finance, Australia (5671.0) publications. Both publications will be combined into a single, simpler publication called Lending to Households and Businesses, Australia (5601.0). An information paper Information Paper: Forthcoming Changes to Monthly Finance Statistics (2018) (5601.0.55.001) was released on 11 January 2019, which outlines both the forthcoming changes in more detail and the format of the new publication, as well as providing historical data in the new table structures. In the new publication, some of the data currently published in the two publications will no longer be published, however, some existing outputs will be further disaggregated. New analytical series will also be added with the inclusion of seasonally adjusted and trend estimates for more data items. This new consolidated publication will be released on 12 February 2019.


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 the periods August 2018 to October 2018.
  • Personal Finance for the periods September 2018 to October 2018.


PRIVACY

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INQUIRIES

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