5671.0 - Lending Finance, Australia, May 2016 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/07/2016   
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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 0.6% in trend terms and the seasonally adjusted series fell 0.6%.

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 July 2016.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments rose 0.9% in May 2016 compared with April 2016. Revolving lending commitments rose 1.8% and fixed lending commitments rose 0.3%.

The seasonally adjusted series for the value of total personal finance commitments fell 4.6%. Revolving lending commitments fell 7.8% and fixed lending commitments fell 2.3%.

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 1.2% in May 2016 compared with April 2016. Revolving lending commitments and Fixed lending commitments both fell 1.2%.

The seasonally adjusted series for the value of total commercial finance commitments fell 4.1% in May 2016, following a fall of 4.7% in April 2016. Fixed lending commitments fell 4.4%, following a fall of 4.4% in the previous month. Revolving lending commitments fell 3.2%, following 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) rose 0.1% in May 2016 and the seasonally adjusted series rose 4.9%.

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 3.9% in May 2016 and the seasonally adjusted series fell 14.2%, following a fall of 0.6% in April 2016.

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