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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 0.4% in trend terms and the seasonally adjusted series fell 5.3%.

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 Friday 10 July 2015.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments rose 0.8% in May 2015 compared with April 2015. Fixed lending commitments rose 1.7%, while revolving credit commitments fell 0.3%.

The seasonally adjusted series for the value of total personal finance commitments fell 1.3%. Fixed lending commitments fell 3.1%, while revolving credit commitments rose 1.4%.

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 1.5% in May 2015 compared with April 2015. Fixed lending commitments rose 1.9% and revolving credit commitments rose 0.3%.

The seasonally adjusted series for the value of total commercial finance commitments fell 1.7% in May 2015, after a rise of 3.6% in April 2015. Fixed lending commitments fell 6.6%, after a rise of 3.2% in the previous month. Revolving lending commitments rose 14.0%, following a rise of 4.8% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 0.9% in May 2015 while the seasonally adjusted series fell 4.1%.

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