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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 0.1% in trend terms and the seasonally adjusted series rose 2.7%.

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 17 January 2018.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments rose 1.0% in November 2017 compared with October 2017. Fixed lending commitments rose 1.7%, while revolving credit commitments fell 0.2%.

The seasonally adjusted series for the value of total personal finance commitments rose 1.1%. Revolving lending commitments rose 2.8% and fixed lending commitments rose 0.1%.

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 0.5% in November 2017 compared with October 2017. Fixed lending commitments rose 0.6% and revolving credit commitments rose 0.1%.

The seasonally adjusted series for the value of total commercial finance commitments rose 14.7% in November 2017, after a fall of 1.5% in October 2017. Fixed lending commitments rose 22.0%, after a fall of 0.5% in the previous month. Revolving lending commitments fell 8.1%, following a fall of 4.3% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 0.8% in November 2017 and the seasonally adjusted series fell 0.5%.

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