5671.0 - Lending Finance, Australia, Mar 2013  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 14/05/2013   
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MARCH KEY FIGURES

Feb 2013
Mar 2013
Feb 2013 to Mar 2013
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
14 175
14 336
1.1
Personal finance
7 829
7 922
1.2
Commercial finance
29 740
29 408
-1.1
Lease finance
506
503
-0.6
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
14 062
14 882
5.8
Personal finance
7 947
7 995
0.6
Commercial finance
29 222
29 647
1.5
Lease finance
529
508
-4.1

(a) Excludes alterations and additions

Personal Finance
Graph: Personal Finance

Commercial Finance
Graph: Commercial Finance




MARCH KEY POINTS


MARCH 2013 COMPARED WITH FEBRUARY 2013:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions rose 1.1% in trend terms and the seasonally adjusted series rose 5.8%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments rose 1.2%. Fixed lending commitments rose 1.9% and revolving credit commitments rose 0.2%.
  • The seasonally adjusted series for the value of total personal finance commitments rose 0.6%. Fixed lending commitments rose 10.1%, while revolving credit commitments fell 11.8%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 1.1%. Revolving credit commitments fell 4.2%, while fixed lending commitments was flat.
  • The seasonally adjusted series for the value of total commercial finance commitments rose 1.5% in March 2013, following a rise of 0.9% in February 2013. Revolving credit commitments rose 4.7%, after a fall of 6.3% in the previous month. Fixed lending commitments rose 0.4%, following a rise of 3.4% in the previous month.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 0.6% and the seasonally adjusted series fell 4.1%, after a rise of 1.6% in February 2013.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2013 12 June 2013
May 2013 15 July 2013
June 2013 12 August 2013
July 2013 11 September 2013
August 2013 15 October 2013
September 2013 12 November 2013



REVISIONS

In this issue revisions have not been made to the original series.

Seasonally adjusted and trend series are revised as a result of revisions to the original series, the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tavish Shrestha on Sydney (02) 9268 4615.