SUMMARY OF FINDINGS
HOUSING FINANCE FOR OWNER OCCUPATION
(Table 1)
The total value of owner occupied housing commitments excluding alterations and additions rose 1.2% in trend terms, while the seasonally adjusted series fell 0.9%.
For further information, please refer to Housing Finance, Australia (cat.no. 5609.0), which was released on 11 June 2013.
PERSONAL FINANCE
(Tables 1 & 4)
In trend terms, the value of total personal finance commitments rose 1.6% in April 2013 compared with March 2013. Fixed lending commitments rose 2.2% and revolving credit commitments rose 0.9%.
In seasonally adjusted terms, the value of total personal finance commitments rose 5.2%. Revolving credit commitments rose 16.1%, while fixed lending commitments fell 1.4%.
COMMERCIAL FINANCE
(Tables 1 & 8)
The trend series for the value of total commercial finance commitments fell 0.1% in April 2013 compared with March 2013. Revolving credit commitments fell 1.2%, while fixed lending commitments rose 0.4%.
The seasonally adjusted series for the value of total commercial finance commitments rose 3.2% in April 2013, following a rise of 1.7% in March 2013 and a rise of 1.0% in February 2013. Revolving credit commitments rose 10.2%, following a rise of 5.1% in the previous month. Fixed lending commitments rose 0.8%, following a rise of 0.6% in the previous month.
The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 1.9% in April 2013 and the seasonally adjusted series rose 2.7%.
PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
LEASE FINANCE
(Table 1)
The value of total lease finance commitments (trend) rose 0.7% in April 2013. The seasonally adjusted series fell 1.5%, following a fall of 2.6% in March 2013.
Print Page
Print All