5671.0 - Lending Finance, Australia, Mar 2016 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 13/05/2016   
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SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions fell 0.7% in trend terms and the seasonally adjusted series fell 1.2%.

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 11 May 2016.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments rose 0.5% in March 2016 compared with February 2016. Fixed lending commitments rose 1.4% while revolving credit commitments fell 1.0%.

The seasonally adjusted series for the value of total personal finance commitments rose 6.3%. Revolving lending commitments rose 11.9% and fixed lending commitments rose 3.0%.

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 fell 1.0% in March 2016 compared with February 2016. Fixed lending commitments fell 1.2% and revolving credit commitments fell 0.5%.

The seasonally adjusted series for the value of total commercial finance commitments rose 0.9% in March 2016, following a rise of 4.8% in February 2016. Revolving lending commitments rose 2.3%, following a rise of 10.8% in the previous month. Fixed lending commitments rose 0.4%, following a rise of 2.9% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 0.2% in March 2016 and the seasonally adjusted series fell 2.8%.

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
Graph: Graph shows commitments for the purchase of dwellings by individuals for rent or resale



LEASE FINANCE

The trend series for the value of total lease finance commitments fell 1.0% in March 2016 and the seasonally adjusted series fell 7.7%, following a fall of 2.3% in February 2016.

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