5601.0 - Lending to households and businesses, Australia, Apr 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 07/06/2019   
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KEY POINTS


SUMMARY

  • In seasonally adjusted terms, the value of lending commitments to households rose 0.6% in April 2019, following a 3.3% fall in March.
  • The rise in lending to households was driven by personal finance excl. refinancing (up 4.3%) and owner occupier dwellings excl. refinancing (up 1.0%).
  • While lending for owner occupier dwellings excl. refinancing rose in April 2019, lending commitments for investment dwellings excl. refinancing fell 2.2% in seasonally adjusted terms.
  • In seasonally adjusted terms, the number of lending commitments to owner occupier first home buyers was relatively steady (up 0.1%), while the number of lending commitments to non-first home buyers fell 2.0%.
  • While personal finance excl. refinancing rose 4.3% in seasonally adjusted terms during April 2019, it is down 20.3% through the year from April 2018.
  • Lending to households for refinancing was down 0.8% in seasonally adjusted terms, following a 0.4% fall in March.
  • In trend terms, the value of lending commitments to businesses rose 0.8% in April 2019, and is up 3.5% from April 2018.


KEY FIGURES

Value of loan commitments
Value
Month Percent Change
Year Percent Change
$m
%
%

Trend

Total lending
64 740
-
-7.0
Lending to households(a)(b)
30 753
-0.9
-16.3
Lending to households for dwellings excluding refinancing(c)
16 883
-0.8
-19.0
Lending to households for personal finance excluding refinancing
4 783
-1.4
-19.3
Lending to businesses
33 987
0.8
3.5

Seasonally Adjusted

Total lending
67 007
6.1
-2.9
Lending to households(a)(b)
30 995
0.6
-15.6
Lending to households for dwellings excluding refinancing(c)
17 010
0.2
-17.3
Lending to households for personal finance excluding refinancing
4 824
4.3
-20.3
Lending to businesses
36 012
11.3
11.4

- nil or rounded to zero (including null cells)
(a) Includes alterations and additions and refinancing
(b) Components may not sum to total due to independent seasonal adjustment
(c) Excludes alterations and additions

Lending to Households, Value of commitments
Lending to Households, Value of commitments



Lending to Businesses, Value of commitments
Graph: Lending to Businesses, Value of commitments


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
May 2019 11 July 2019
June 2019 7 August 2019
July 2019 9 September 2019
August 2019 10 October 2019
September 2019 8 November 2019
October 201917 December 2019


FORTHCOMING CHANGES

The Australian Prudential Regulation Authority (APRA) is the statistical agency for the financial sector. As part of its role, APRA collects data from financial institutions for the Australian Bureau of Statistics (ABS) and the Reserve Bank of Australia (RBA) using various ‘forms', Data from these forms is used to compile this publication. The current forms were introduced in 2002.

Over the past few years, APRA, the ABS and the RBA have worked to modernise the set of forms and banks have adapted their infrastructure to report on the new forms. The new set of forms is called the Economic and Financial Statistics (EFS) collection. EFS will give more detailed and better quality data on lending to households and businesses.

Changes from the implementation of EFS will be incorporated into the October 2019 publication of Lending to households and businesses, to be released on 17 December 2019. An information paper which outlines the changes in more detail will be released in October 2019.


REVISIONS IN THIS ISSUE

There are revisions to the data in this issue due to the incorporation of more up-to-date data and concurrent seasonal adjustment. For information on seasonal adjustment and trend estimation please refer to explanatory notes of this publication.


ROUNDING

Where figures have been rounded, discrepancies may occur between the sums of the component items and totals.


PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.