5671.0 - Lending Finance, Australia, Jan 2010  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 15/03/2010   
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JANUARY KEY FIGURES

Dec 2009
Jan 2010
Dec 2009 to Jan 2010
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
15 737
15 366
-2.4
Personal finance
6 991
6 978
-0.2
Commercial finance
26 742
26 364
-1.4
Lease finance
381
374
-1.8
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
15 519
14 737
-5.0
Personal finance
7 028
6 921
-1.5
Commercial finance
26 767
26 332
-1.6
Lease finance
405
363
-10.3

(a) Excludes alterations and additions

Personal finance
Graph: PERSONAL FINANCE

Commercial finance
Graph: COMMERCIAL FINANCE




JANUARY KEY POINTS


JANUARY 2010 COMPARED WITH DECEMBER 2009:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions decreased 2.4% in trend terms and the seasonally adjusted series decreased 5.0%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments decreased 0.2%. Fixed lending commitments fell 1.1%, while revolving credit commitments rose 0.7%.
  • The seasonally adjusted series for the value of total personal finance commitments decreased 1.5%. Fixed lending commitments fell 2.1% and revolving credit commitments fell 1.1%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments decreased 1.4%. Revolving credit commitments fell 4.3% and fixed lending commitments fell 0.4%.
  • The seasonally adjusted series for the value of total commercial finance commitments decreased 1.6%. Revolving credit commitments fell 6.7%, while fixed lending commitments rose 0.3%.


LEASE FINANCE
  • The total value of lease finance commitments decreased 1.8% in trend terms and the seasonally adjusted series decreased 10.3%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
February 2010 13 April 2010
March 2010 17 May 2010
April 2010 15 June 2010
May 2010 13 July 2010
June 2010 11 August 2010
July 2010 13 September 2010



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 impact on:
  • Selected commercial finance and personal finance tables from December 2006 to April 2008,
  • Lease finance for December 2009.

Seasonally adjusted and trend series have been 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 Joe Whelan on Canberra (02) 6252 5747.