SUMMARY OF FINDINGS
HOUSING FINANCE FOR OWNER OCCUPATION
(Table 1)
The total value of owner occupied housing commitments excluding alterations and additions rose 0.4% in trend terms, and the seasonally adjusted series rose 1.4%.
For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 10 June 2014.
PERSONAL FINANCE
(Tables 1 & 4)
In trend terms, the value of total personal finance commitments fell 0.3% in April 2014 compared with March 2014. Revolving credit commitments fell 0.5% and fixed lending commitments fell 0.2%.
In seasonally adjusted terms, the value of total personal finance commitments fell 2.2%. Revolving credit commitments fell 3.3% and fixed lending commitments fell 1.4%.
COMMERCIAL FINANCE
(Tables 1 & 8)
The trend series for the value of total commercial finance commitments rose 2.0% in April 2014 compared with March 2014. Revolving credit commitments rose 3.3% and fixed lending commitments rose 1.6%.
The seasonally adjusted series for the value of total commercial finance commitments rose 5.8% in April 2014, following a rise of 3.9% in March 2014. Fixed lending commitments rose 6.3%, following a rise of 1.6% in the previous month. Revolving credit commitments rose 4.3%, following a rise of 11.4% in the previous month.
The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 0.2% in April 2014 and the seasonally adjusted series rose 1.9%.
PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
LEASE FINANCE
(Table 1)
The trend series for the value of total lease finance commitments fell 1.0% and the seasonally adjusted series fell 20.3%, after a rise of 7.5% in March 2014.
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