5671.0 - Lending Finance, Australia, March 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 15/05/2018   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

MARCH KEY FIGURES

Feb 2018
Mar 2018
Feb 2018 to Mar 2018
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
21 196
21 230
0.2
Personal finance
6 238
6 220
-0.3
Commercial finance
42 384
42 270
-0.3
Lease finance
542
535
-1.3
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
21 415
21 010
-1.9
Personal finance
6 319
6 160
-2.5
Commercial finance
41 842
41 179
-1.6
Lease finance
535
526
-1.8

(a) Excludes alterations and additions

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

Commercial Finance
Graph: Commercial Finance



MARCH KEY POINTS


MARCH 2018 COMPARED WITH FEBRUARY 2018:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions rose 0.2% in trend terms, while the seasonally adjusted series fell 1.9%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 0.3%. Fixed lending commitments fell 1.3%, while revolving credit commitments rose 1.4%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 2.5%. Revolving credit commitments fell 3.6% and fixed lending commitments fell 1.8%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 0.3%. Revolving credit commitments fell 1.2% while fixed lending commitments was flat.
  • The seasonally adjusted series for the value of total commercial finance commitments fell 1.6%. Fixed lending commitments fell 3.8%, while revolving credit commitments rose 7.0%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 1.3% in March 2018 and the seasonally adjusted series fell 1.8%, following a fall of 2.5% in February 2018.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2018 12 June 2018
May 2018 13 July 2018
June 2018 10 August 2018
July 2018 11 September 2018
August 2018 16 October 2018


FORTHCOMING CHANGES

The ABS is combining Housing Finance, Australia (5609.0) and Lending Finance, Australia (5671.0) into a single, simpler publication called Lending to Households and Businesses, Australia (5601.0). The new publication will be released on 11 July 2018. Some of the data currently published in the two publications will no longer be published in the new consolidated publication, however, some existing outputs will be further disaggregated. New analytical series will also be added with the inclusion of seasonally adjusted and trend estimates for more data items.

An information paper which outlines the forthcoming changes in more detail and format of the new publication, as well as historical data in the new table structures, will be released on 12 June 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:
  • Personal Finance for the period February 2018.
  • Investment housing for the period February 2018.
  • Commercial Finance for the period February 2018.


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.