5671.0 - Lending Finance, Australia, Aug 2016 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 14/10/2016   
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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 0.9% in trend terms and the seasonally adjusted series fell 1.6%.

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 9 September 2016.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.8% in August 2016 compared with July 2016. Revolving lending commitments fell 2.1% and fixed lending commitments was flat.

The seasonally adjusted series for the value of total personal finance commitments fell 4.3%. Revolving lending commitments fell 12.3%, while fixed lending commitments rose 0.8%.

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 0.7% in August 2016 compared with July 2016. Revolving lending commitments fell 3.6% and fixed lending commitments was flat.

The seasonally adjusted series for the value of total commercial finance commitments fell 0.4% in August 2016, after a rise of 10.3% in July 2016. Revolving lending commitments fell 0.8%, after a rise of 27.2% in the previous month. Fixed lending commitments fell 0.3%, after a rise of 6.6% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 2.3% in August 2016 and the seasonally adjusted series rose 3.7%.

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 1.6% in August 2016 and the seasonally adjusted series rose 2.6%, after a fall of 8.5% in July 2016.

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