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SUMMARY OF FINDINGS


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%.

Further detail can be found in Table 1 on the downloads tab of this release and in the PDF.

For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 11 May 2018.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.3% in March 2018 compared with February 2018. 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%.

Further detail can be found in Tables 1 and 4 on the downloads tab of this release and in the PDF.


COMMERCIAL FINANCE

The trend series for the value of total commercial finance commitments fell 0.3% in March 2018 compared with February 2018. 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% in March 2018, following a fall of 2.3% in February 2018. Revolving credit rose 7.0% after a fall of 18.7% in the previous month. Fixed lending commitments fell 3.8%, after a rise of 3.1% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 0.7% in March 2018 and the seasonally adjusted series fell 7.3%.

Further detail can be found in Tables 1 and 8 on the downloads tab of this release and in the PDF.

PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE