SUMMARY OF FINDINGS
HOUSING FINANCE FOR OWNER OCCUPATION
(Table 1)
The trend series for the total value of owner occupied housing commitments excluding alterations and additions rose 0.7% and the seasonally adjusted series rose 0.6%.
For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 10 November 2010.
PERSONAL FINANCE
(Tables 1 & 4)
In trend terms, the value of total personal finance commitments fell 0.1% in September 2010 compared with August 2010.
Fixed lending commitments fell 0.1%, while revolving credit commitments remained flat (0.0%).
In seasonally adjusted terms, the value of total personal finance commitments rose 3.5% in September 2010. Fixed lending commitments rose 6.3% and revolving credit commitments rose 0.9%.
COMMERCIAL FINANCE
(Tables 1 & 8)
The trend series for the value of total commercial finance commitments fell 1.3% in September 2010 compared with August 2010. Revolving credit commitments fell 3.6% and fixed lending commitments fell 0.4%.
The seasonally adjusted series for the value of total commercial finance commitments rose 2.7% in September 2010. Revolving credit commitments rose 8.5% and fixed lending commitments rose 0.5%.
The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 1.5% in September 2010, following a fall of 1.6% in August 2010. The seasonally adjusted series rose 3.3% in September 2010.
PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
LEASE FINANCE
(Table 1)
The value of total lease finance commitments (trend) rose 0.8% in September 2010. The seasonally adjusted series rose 0.2%.