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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 0.9% in trend terms and the seasonally adjusted series rose 0.9%.

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 12 October 2017.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments rose 0.5% in August 2017 compared with July 2017. Revolving lending commitments rose 0.8% and fixed lending commitments rose 0.4%.

The seasonally adjusted series for the value of total personal finance commitments rose 2.4%. Revolving lending commitments rose 6.4% while fixed lending commitments was flat.

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 was flat in August 2017 compared with July 2017. Fixed lending commitments rose 0.4% while revolving credit commitments fell 1.7%.

The seasonally adjusted series for the value of total commercial finance commitments rose 2.3% in August 2017, after a fall of 8.2% in July 2017. Revolving lending commitments rose 4.3%, after a fall of 9.1% in the previous month. Fixed lending commitments rose 1.8%, after a fall of 8.0% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 0.2% in August 2017 and the seasonally adjusted series rose 3.8%.

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