DECEMBER KEY FIGURES

		Nov 2009	Dec 2009	Nov 2009 to Dec 2009
		$m	$m	% change
TREND ESTIMATES
	Housing finance for owner occupation(a)	16 391	16 157	-1.4
	Personal finance	7 039	7 031	-0.1
	Commercial finance	27 198	26 975	-0.8
	Lease finance	391	393	0.6
SEASONALLY ADJUSTED ESTIMATES
	Housing finance for owner occupation(a)	16 286	15 526	-4.7
	Personal finance	7 029	7 040	0.2
	Commercial finance	26 718	26 729	0.0
	Lease finance	376	409	8.7
(a) Excludes alterations and additions

Personal finance

Commercial finance

DECEMBER KEY POINTS


DECEMBER 2009 COMPARED WITH NOVEMBER 2009:

HOUSING FINANCE FOR OWNER OCCUPATION

• The total value of owner occupied housing commitments excluding alterations and additions decreased 1.4% in trend terms and the seasonally adjusted series decreased 4.7%.

PERSONAL FINANCE

• The trend series for the value of total personal finance commitments decreased 0.1%. Fixed lending commitments fell 1.2%, while revolving credit commitments rose 0.9%.
• The seasonally adjusted series for the value of total personal finance commitments increased 0.2%. Revolving credit commitments rose 2.2%, while fixed lending commitments fell 2.1%.

COMMERCIAL FINANCE

• The trend series for the value of total commercial finance commitments decreased 0.8%. Revolving credit commitments decreased 2.1% and fixed lending commitments decreased 0.3%.
• The seasonally adjusted series for the value of total commercial finance commitments was flat. Revolving credit commitments rose 3.8%, while fixed lending commitments fell 1.3%.

LEASE FINANCE

• The total value of lease finance commitments increased 0.6% in trend terms and the seasonally adjusted series increased 8.7%.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
January 2010	15 March 2010
February 2010	13 April 2010
March 2010	17 May 2010
April 2010	15 June 2010
May 2010	13 July 2010
June 2010	11 August 2010

CHANGES IN THIS ISSUE

The seasonally adjusted and trend estimates in this publication have been revised as a result of the annual seasonal reanalysis which reviews the seasonal and trading day factors in more detail than possible in the monthly processing cycle.


REVISIONS

Revisions in original terms were made to commercial finance and personal finance from December 2006 to November 2009. These revisions have enabled the removal of the trend break which had been applied to personal and commercial finance between November and December 2008.

Seasonally adjusted and trend series have been revised as a result of revisions to the original series, the incorporation of estimates for the latest month and the revision of seasonal factors due to the annual seasonal reanalysis and the concurrent seasonal adjustment methodology.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Philip Beresford on Canberra (02) 6252 6052.