5671.0 - Lending Finance, Australia, Mar 2009  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 14/05/2009   
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MARCH KEY FIGURES

Feb 2009
Mar 2009
Feb 2009 to Mar 2009
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation
14 755
15 251
3.4
Personal finance
6 378
6 385
0.1
Commercial finance
28 229
27 931
-1.1
Lease finance
474
464
-2.0
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation
14 656
15 731
7.3
Personal finance
6 424
6 284
-2.2
Commercial finance
25 310
30 498
20.5
Lease finance
463
469
1.3


Personal finance
Graph: PERSONAL FINANCE

Commercial finance
Graph: COMMERCIAL FINANCE




MARCH KEY POINTS


MARCH 2009 COMPARED WITH FEBRUARY 2009:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions increased 3.4% in trend terms and the seasonally adjusted series rose 7.3%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance increased 0.1%, with an increase recorded in fixed lending commitments (up 1.0%), while revolving credit commitments decreased (down 0.6%).
  • The seasonally adjusted series for the value of total personal finance commitments decreased 2.2%. Revolving credit commitments decreased 4.3%, while fixed lending commitments increased 0.5%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments decreased 1.1%, due to falls in revolving credit commitments (down 1.3%) and fixed lending commitments (down 1.0%).
  • The seasonally adjusted series for the value of total commercial finance commitments increased 20.5%, due mainly to an increase in fixed lending commitments (up 28.0%). Revolving credit commitments rose 6.6%.


LEASE FINANCE
  • Lease finance commitments decreased 2.0% in trend terms, while the seasonally adjusted series increased 1.3%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2009 15 June 2009
May 2009 13 July 2009
June 2009 11 August 2009
July 2009 14 September 2009
August 2009 12 October 2009
September 2009 11 November 2009



REVISIONS

Minor revisions were made to Housing finance to include the latest administrative and survey data.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Philip Beresford on Canberra (02) 6252 6052.