SUMMARY OF FINDINGS
HOUSING FINANCE FOR OWNER OCCUPATION
(Table 1)
The total value of owner occupied housing commitments excluding alterations and additions rose 0.5% in trend terms, while the seasonally adjusted series fell 0.2%.
For further information, please refer to Housing Finance, Australia (cat.no. 5609.0), which was released on 10 December 2012.
PERSONAL FINANCE
(Tables 1 & 4)
In trend terms, the value of total personal finance commitments fell 0.2% in October 2012 compared with September 2012. Revolving credit commitments fell 1.1%, while fixed lending commitments rose 0.5%.
In seasonally adjusted terms, the value of total personal finance commitments fell 0.9%. Fixed lending commitments fell 0.9% and revolving credit commitments fell 0.8%.
COMMERCIAL FINANCE
(Tables 1 & 8)
The trend series for the value of total commercial finance commitments rose 0.2% in October 2012 compared with September 2012. Fixed lending commitments rose 0.7%, while revolving credit commitments fell 1.2%.
The seasonally adjusted series for the value of total commercial finance commitments rose 4.8% in October 2012, following a rise of 8.8% in September 2012. Fixed lending commitments rose 7.0%, following a rise of 7.0% in the previous month. Revolving credit commitments fell 0.8%, after a rise of 13.7% in the previous month.
The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 0.7% in October 2012, while the seasonally adjusted series was flat (0.0%).
PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
LEASE FINANCE
(Table 1)
The value of total lease finance commitments (trend) fell 0.3% in October 2012. The seasonally adjusted series fell 6.3%, after a rise of 8.9% in September 2012.
Print Page
Print All