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SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions fell 0.2% in trend terms and the seasonally adjusted series fell 1.0%.

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 8 August 2018.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.4% in June 2018 compared with May 2018. Revolving credit commitments fell 2.2%, while fixed lending commitments rose 0.6%.

The seasonally adjusted series for the value of total personal finance commitments rose 0.8%. Fixed lending commitments rose 4.9%, while revolving credit commitments fell 6.4%.

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 rose 0.3% in June 2018 compared with May 2018. Revolving credit commitments rose 0.6% and fixed lending commitments rose 0.2%.

The seasonally adjusted series for the value of total commercial finance commitments rose 7.2% in June 2018, after a fall of 2.8% in May 2018. Fixed lending commitments rose 8.6%, after a fall of 6.3% in the previous month. Revolving lending commitments rose 3.2%, following a rise of 9.7% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 1.8% in June 2018 and the seasonally adjusted series fell 3.2%.

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