5671.0 - Lending Finance, Australia, May 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 13/07/2017   
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MAY KEY FIGURES

Apr 2017
May 2017
Apr 2017 to May 2017
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
20 342
20 423
0.4
Personal finance
6 019
5 826
-3.2
Commercial finance
41 783
41 468
-0.8
Lease finance
641
619
-3.3
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
20 126
20 717
2.9
Personal finance
5 847
5 821
-0.5
Commercial finance
42 835
40 089
-6.4
Lease finance
602
609
1.1

(a) Excludes alterations and additions

Personal Finance
Graph: Graph shows personal  finance seasonally adjusted and trend data

Commercial Finance
Graph: Commercial Finance




MAY KEY POINTS


MAY 2017 COMPARED WITH APRIL 2017:

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 2.9%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 3.2%. Fixed lending commitments fell 3.2% and revolving credit commitments fell 3.1%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 0.5%. Revolving credit commitments fell 3.1%, while fixed lending commitments rose 1.2%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 0.8%. Fixed lending commitments fell 0.9% and revolving credit commitments fell 0.3%.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 6.4%. Revolving credit commitments fell 12.5% and fixed lending commitments fell 4.9%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 3.3% in May 2017 while the seasonally adjusted series rose 1.1%, following a rise of 4.3% in April 2017.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
June 2017 11 August 2017
July 2017 11 September 2017
August 2017 16 October 2017
September 2017 13 November 2017
October 2017 12 December 2017
November 2017 19 January 2018



REVISIONS

In this issue, revisions have been made to the original series as a result of improved reporting of survey and administrative data. These revisions have affected the following series:
  • Owner occupied housing for the periods March 2017 and April 2017.
  • Commercial Finance for the month of April 2017.
  • Personal Finance for the month of April 2017.


PRIVACY

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INQUIRIES

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