SUMMARY OF FINDINGS
HOUSING FINANCE FOR OWNER OCCUPATION
(Table 1)
The trend series for the total value of owner occupied housing commitments excluding alterations and additions decreased 2.4%. The seasonally adjusted series increased 0.6% after decreasing in each of the previous six months.
For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 9 June 2010.
PERSONAL FINANCE
(Tables 1 & 4)
In trend terms, the value of total personal finance commitments decreased 0.4% in April 2010 compared with March 2010. Revolving credit commitments fell 0.6% and fixed lending commitments fell 0.2%.
In seasonally adjusted terms, the value of total personal finance commitments decreased 0.6% in April 2010. Revolving credit commitments fell 1.7%, while fixed lending commitments rose 0.7%.
COMMERCIAL FINANCE
(Tables 1 & 8)
The trend series for the value of total commercial finance commitments increased 2.8% in April 2010 compared with March 2010. Revolving credit commitments increased 3.4% and fixed lending commitments increased 2.6%.
The seasonally adjusted series for the value of total commercial finance commitments increased 5.6% in April 2010. Fixed lending commitments rose 15.8%. Revolving credit commitments fell 17.1% after increasing by a similar amount in both of the two previous months.
The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) increased 1.9% in April 2010, following an increase of 2.2% in March 2010. The seasonally adjusted series rose 1.2% in April 2010.
PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
LEASE FINANCE
(Table 1)
The value of total lease finance commitments (trend) decreased 1.2% in April 2010. The seasonally adjusted series decreased 8.0%.
Print Page
Print All