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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DECEMBER KEY FIGURES

Nov 2017
Dec 2017
Nov 2017 to Dec 2017
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
21 045
21 073
0.1
Personal finance
6 269
6 260
-0.2
Commercial finance
42 353
42 438
0.2
Lease finance
570
569
-0.1
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
21 285
21 067
-1.0
Personal finance
6 353
6 039
-4.9
Commercial finance
45 552
42 765
-6.1
Lease finance
546
591
8.3

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance




DECEMBER KEY POINTS


DECEMBER 2017 COMPARED WITH NOVEMBER 2017:

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%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 0.2%. Revolving credit 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 credit commitments fell 6.8% and fixed lending commitments fell 3.9%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 0.2%. 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%. Fixed lending commitments fell 11.0%, while revolving credit commitments rose 14.3%.


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


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
January 2018 14 March 2018
February 2018 16 April 2018
March 2018 15 May 2018
April 2018 12 June 2018
May 2018 13 July 2018
June 2018 10 August 2018



FORTHCOMING CHANGES

A new publication will soon be released which will see Housing Finance, Australia (5609.0) and Lending Finance, Australia (5671.0) combined into a single, simpler publication called Lending to Households and Businesses, Australia (5601.0).

To enable users to prepare for the new publication, tables of data in the new publication format will be released no less than one month prior to the first release of Lending to Households and Businesses, Australia (5601.0).


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 September 2017 and October 2017.
  • Personal Finance for the period November 2017.
  • Investment housing finance for the period October 2017.


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.