OCTOBER KEY FIGURES
| | Sep 2016 | Oct 2016 | Sep 2016 to Oct 2016 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation(a) | 19 781 | 19 680 | -0.5 |
| Personal finance | 6 725 | 6 643 | -1.2 |
| Commercial finance | 40 283 | 40 955 | 1.7 |
| Lease finance | 513 | 513 | 0.1 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation(a) | 19 843 | 19 684 | -0.8 |
| Personal finance | 6 742 | 6 577 | -2.4 |
| Commercial finance | 41 232 | 41 573 | 0.8 |
| Lease finance | 558 | 492 | -11.8 |
|
(a) Excludes alterations and additions |
Personal Finance
| Commercial Finance
|
OCTOBER KEY POINTS
OCTOBER 2016 COMPARED WITH SEPTEMBER 2016:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions fell 0.5% in trend terms, and the seasonally adjusted series fell 0.8%.
PERSONAL FINANCE
- The trend series for the value of total personal finance commitments fell 1.2%. Revolving credit commitments fell 3.5%, while fixed lending commitments rose 0.1%.
- The seasonally adjusted series for the value of total personal finance commitments fell 2.4%. Revolving credit commitments fell 4.2% and fixed lending commitments fell 1.5%.
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments rose 1.7%. Fixed lending commitments rose 2.0% and revolving credit commitments rose 0.4%.
- The seasonally adjusted series for the value of total commercial finance commitments rose 0.8%. Fixed lending commitments rose 4.0%, while revolving credit commitments fell 10.7%.
LEASE FINANCE
- The trend series for the value of total lease finance commitments rose 0.1% in October 2016 and the seasonally adjusted series fell 11.8%, after a rise of 10.1% in September 2016.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
November 2016 | 23 January 2017 |
December 2016 | 14 February 2017 |
January 2017 | 15 March 2017 |
February 2017 | 12 April 2017 |
March 2017 | 17 May 2017 |
April 2017 | 9 June 2017 |
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:
- Commercial Finance for August to September 2016.
- Personal Finance for July to September 2016.
- Owner-occupied housing finance for July to September 2016.
- Investment Housing for August to September 2016.
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.