5671.0 - Lending Finance, Australia, February 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 16/04/2018   
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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 0.4% in trend terms and the seasonally adjusted series rose 1.3%.

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 12 April 2018.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.1% in February 2018 compared with January 2018. Fixed lending commitments fell 0.7%, while revolving credit commitments rose 1.0%.

The seasonally adjusted series for the value of total personal finance commitments was flat. Revolving credit commitments rose 3.7%, while fixed lending commitments fell 2.2%.

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 0.2% in February 2018 compared with January 2018. Fixed lending commitments rose 0.5%, while revolving credit commitments fell 0.6%.

The seasonally adjusted series for the value of total commercial finance commitments fell 2.1% in February 2018, following a fall of 0.1% in January 2018. Revolving credit commitments fell 18.7%, after a rise of 5.4% in the previous month. Fixed lending commitments rose 3.4%, after a fall of 1.8% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 0.6% in February 2018 while the seasonally adjusted series rose 2.9%.

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 1.1% in February 2018 and the seasonally adjusted series fell 2.6%, following a fall of 6.3% in January 2018.

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