5671.0 - Lending Finance, Australia, August 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 16/10/2018   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

AUGUST KEY FIGURES

Jul 2018
Aug 2018
Jul 2018 to Aug 2018
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
20 848
20 797
-0.2
Personal finance
5 890
5 830
-1.0
Commercial finance
41 650
42 058
1.0
Lease finance
644
657
2.1
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
21 128
20 568
-2.7
Personal finance
5 674
5 949
4.8
Commercial finance
42 645
41 907
-1.7
Lease finance
659
628
-4.7

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance



AUGUST KEY POINTS


AUGUST 2018 COMPARED WITH JULY 2018:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions fell 0.2% in trend terms and the seasonally adjusted series fell 2.7%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 1.0%. Revolving credit commitments fell 4.9%, while fixed lending commitments rose 0.9%.
  • The seasonally adjusted series for the value of total personal finance commitments rose 4.8%. Revolving credit commitments rose 14.3% and fixed lending commitments rose 0.7%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 1.0%. Revolving credit commitments rose 1.5% and fixed lending commitments rose 0.8%.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 1.7%. Revolving credit commitments fell 10.0%, while fixed lending commitments rose 0.9%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 2.1% in August 2018, while the seasonally adjusted series fell 4.7%, after a rise of 1.3% in July 2018.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
September 2018 13 November 2018
October 2018 12 December 2018
November 2018 21 January 2019
December 2018 14 February 2019


FORTHCOMING CHANGES

The ABS is combining 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). An information paper which outlines the forthcoming changes in more detail and outlines the format of the new publication, as well as providing historical data in the new table structures, will be released no less than one month prior to release of the new publication. 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.


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 July 2018.
  • Personal Finance for the period July 2018.
  • Lease Finance for the period July 2018.
  • Owner-occupied finance for the period July 2018.
  • Investment housing for the period July 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.