SUMMARY OF FINDINGS
HOUSING FINANCE FOR OWNER OCCUPATION
The total value of owner occupied housing commitments excluding alterations and additions rose 1.9% in trend terms and the seasonally adjusted series rose 6.1%.
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 Housing Finance, Australia (cat. no. 5609.0), which was released on Friday 9 October 2015.
PERSONAL FINANCE
The trend series for the value of total personal finance commitments fell 0.8% in August 2015 compared with July 2015. Fixed lending commitments fell 0.9% and revolving credit commitments fell 0.5%.
The seasonally adjusted series for the value of total personal finance commitments fell 2.5%. Revolving credit commitments fell 5.0% and fixed lending commitments fell 0.9%.
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 2.1% in August 2015 compared with July 2015. Revolving lending commitments fell 2.5% and fixed lending commitments fell 1.9%.
The seasonally adjusted series for the value of total commercial finance commitments fell 4.4% in August 2015, following a fall of 7.7% in July 2015. Revolving lending commitments fell 8.7%, following a fall of 20% in the previous month. Fixed lending commitments fell 3.1%, following a fall of 3.4% in the previous month.
The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 0.3% in August 2015 and the seasonally adjusted series rose 4.3%.
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
LEASE FINANCE
The trend series for the value of total lease finance commitments rose 1.6% in August 2015 and the seasonally adjusted series fell 33.2%, after a rise of 60.8% in July 2015.
Further detail can be found in Table 1 on the downloads tab of this release and in the PDF.