5671.0 - Lending Finance, Australia, February 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 16/04/2018   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

FEBRUARY KEY FIGURES

Jan 2018
Feb 2018
Jan 2018 to Feb 2018
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
21 249
21 337
0.4
Personal finance
6 289
6 282
-0.1
Commercial finance
42 889
42 986
0.2
Lease finance
555
550
-1.1
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
21 217
21 494
1.3
Personal finance
6 319
6 318
0.0
Commercial finance
42 944
42 024
-2.1
Lease finance
550
536
-2.6

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance




FEBRUARY KEY POINTS


FEBRUARY 2018 COMPARED WITH JANUARY 2018:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions rose 0.4% in trend terms, and the seasonally adjusted series rose 1.3%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 0.1%. Fixed lending commitments fell 0.7%, while revolving credit commitments rose 1.0%.
  • The seasonally adjusted series for the value of total personal finance commitments was flat. Revolving credit commitments rose 3.7%, while fixed lending commitments fell 2.2%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 0.2%. Fixed lending commitments rose 0.5%, while revolving credit commitments fell 0.6%.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 2.1%. Revolving credit commitments fell 18.7%, while fixed lending commitments rose 3.4%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 1.1% in February 2018 and the seasonally adjusted series fell 2.6%, following a fall of 6.3% in January 2018.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
March 2018 15 May 2018
April 2018 12 June 2018
May 2018 13 July 2018
June 2018 10 August 2018
July 2018 11 September 2018



FORTHCOMING CHANGES

The ABS is proposing to combine Housing Finance, Australia (5609.0) and Lending Finance, Australia (5671.0) into a single, simpler publication called Lending to Households and Businesses, Australia (5601.0). The new publication is expected to be released on 12 June 2018. Some of the data currently published in the two publications will no longer be published in the new consolidated publication, 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.

An information paper which outlines the changes in more detail and format of the new publication as well as historical data in the new table structures, 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 period January 2018.
  • Lease Finance for the period January 2018.


PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


INQUIRIES

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