5671.0 - Lending Finance, Australia, Apr 2016 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 10/06/2016   
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APRIL KEY FIGURES

Mar 2016
Apr 2016
Mar 2016 to Apr 2016
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
20 788
20 674
-0.5
Personal finance
7 252
7 399
2.0
Commercial finance
41 654
41 536
-0.3
Lease finance
578
569
-1.6
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
20 675
20 702
0.1
Personal finance
7 356
7 725
5.0
Commercial finance
42 874
41 440
-3.3
Lease finance
555
557
0.4

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance




APRIL KEY POINTS


APRIL 2016 COMPARED WITH MARCH 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 rose 0.1%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments rose 2.0%. Revolving credit commitments rose 2.5% and fixed lending commitments rose 1.7%.
  • The seasonally adjusted series for the value of total personal finance commitments rose 5.0%. Revolving credit commitments rose 14.2%, while fixed lending commitments fell 0.9%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 0.3%. Revolving credit commitments fell 0.5% and fixed lending commitments fell 0.2%.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 3.3%. Revolving credit commitments fell 5.0% and fixed lending commitments fell 2.8%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 1.6% in April 2016 and the seasonally adjusted series rose 0.4%, after a fall of 7.8% in March 2016.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
May 2016 13 July 2016
June 2016 12 August 2016
July 2016 12 September 2016
August 2016 14 October 2016
September 2016 14 November 2016
October 2016 12 December 2016



SPECIAL NOTE

We are currently investigating a potential reporting issue and if a revision is required it will be made next month with the May 2016 publication on 13th July 2016. This uncertainty is contained to Personal Finance.


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 period January 2015 to March 2016.
  • Personal Finance for period January 2015 to March 2016.
  • Owner occupied housing for January 2015 to March 2016.
  • Investment housing for period January 2015 to March 2016.
  • Lease Finance for the period March 2015.


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.