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SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions rose 0.5% in trend terms and the seasonally adjusted series rose 0.3%.

Further detail can be found in Table 1 on the downloads tab of this release and in the PDF.

For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 9 August 2017.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 1.8% in June 2017 compared with May 2017. Fixed lending commitments fell 2.6% and revolving credit commitments fell 0.5%.

The seasonally adjusted series for the value of total personal finance commitments rose 1.5%. Revolving lending commitments rose 7.6% while fixed lending commitments fell 2.1%.

Further detail can be found in Tables 1 and 4 on the downloads tab of this release and in the PDF.


COMMERCIAL FINANCE

The trend series for the value of total commercial finance commitments rose 1.8% in June 2017 compared with May 2017. Fixed lending commitments rose 1.8% and revolving credit commitments rose 1.8%.

The seasonally adjusted series for the value of total commercial finance commitments rose 13.7% in June 2017, after a fall of 6.9% in May 2017. Revolving lending commitments rose 25.9%, after a fall of 12.7% in the previous month. Fixed lending commitments rose 10.8%, after a fall of 5.5% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 1.5% in June 2017 and the seasonally adjusted series fell 2.0%.

Further detail can be found in Tables 1 and 8 on the downloads tab of this release and in the PDF.

PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE