5671.0 - Lending Finance, Australia, October 2016 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 12/12/2016   
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OCTOBER KEY FIGURES

Sep 2016
Oct 2016
Sep 2016 to Oct 2016
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
19 781
19 680
-0.5
Personal finance
6 725
6 643
-1.2
Commercial finance
40 283
40 955
1.7
Lease finance
513
513
0.1
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
19 843
19 684
-0.8
Personal finance
6 742
6 577
-2.4
Commercial finance
41 232
41 573
0.8
Lease finance
558
492
-11.8

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance




OCTOBER KEY POINTS


OCTOBER 2016 COMPARED WITH SEPTEMBER 2016:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions fell 0.5% in trend terms, and the seasonally adjusted series fell 0.8%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 1.2%. Revolving credit commitments fell 3.5%, while fixed lending commitments rose 0.1%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 2.4%. Revolving credit commitments fell 4.2% and fixed lending commitments fell 1.5%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 1.7%. Fixed lending commitments rose 2.0% and revolving credit commitments rose 0.4%.
  • The seasonally adjusted series for the value of total commercial finance commitments rose 0.8%. Fixed lending commitments rose 4.0%, while revolving credit commitments fell 10.7%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 0.1% in October 2016 and the seasonally adjusted series fell 11.8%, after a rise of 10.1% in September 2016.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
November 2016 23 January 2017
December 2016 14 February 2017
January 2017 15 March 2017
February 2017 12 April 2017
March 2017 17 May 2017
April 2017 9 June 2017



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 August to September 2016.
  • Personal Finance for July to September 2016.
  • Owner-occupied housing finance for July to September 2016.
  • Investment Housing for August to September 2016.


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.