5671.0 - Lending Finance, Australia, Oct 2015 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 11/12/2015   
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SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions rose 1.9% in trend terms and the seasonally adjusted series rose 0.4%.

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 Housing Finance, Australia (cat. no. 5609.0), which was released on Wednesday 9 December 2015.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 1.9% in October 2015 compared with September 2015. Fixed lending commitments fell 2.9% and revolving credit commitments fell 0.5%.

The seasonally adjusted series for the value of total personal finance commitments fell 3.2%. Fixed lending commitments fell 4.9% and revolving credit commitments fell 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 rose 0.1% in October 2015 compared with September 2015. Fixed lending commitments rose 1.1%, while revolving credit commitments fell 3.7%.

The seasonally adjusted series for the value of total commercial finance commitments fell 0.9% in October 2015, after a rise of 8.9% in September 2015. Fixed lending commitments fell 2.3%, after a rise of 9.8% in the previous month. Revolving lending commitments rose 4.7%, following a rise of 5.6% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 3.5% in October 2015 and the seasonally adjusted series fell 9.3%.

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 rose 1.9% in October 2015 and the seasonally adjusted series rose 3.6%, after a fall of 0.7% in September 2015.

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