5671.0 - Lending Finance, Australia, June 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 10/08/2018   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions fell 0.2% in trend terms and the seasonally adjusted series fell 1.0%.

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 8 August 2018.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.4% in June 2018 compared with May 2018. Revolving credit commitments fell 2.2%, while fixed lending commitments rose 0.6%.

The seasonally adjusted series for the value of total personal finance commitments rose 0.8%. Fixed lending commitments rose 4.9%, while revolving credit commitments fell 6.4%.

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 0.3% in June 2018 compared with May 2018. Revolving credit commitments rose 0.6% and fixed lending commitments rose 0.2%.

The seasonally adjusted series for the value of total commercial finance commitments rose 7.2% in June 2018, after a fall of 2.8% in May 2018. Fixed lending commitments rose 8.6%, after a fall of 6.3% in the previous month. Revolving lending commitments rose 3.2%, following a rise of 9.7% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 1.8% in June 2018 and the seasonally adjusted series fell 3.2%.

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 2.9% in June 2018 and the seasonally adjusted series rose 2.4%, following a rise of 14.3% in May 2018.

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