SUMMARY OF FINDINGS
HOUSING FINANCE FOR OWNER OCCUPATION
(Table 1)
The total value of owner occupied housing commitments excluding alterations and additions rose 1.0% in trend terms, while the seasonally adjusted series fell 1.5%.
For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 11 February 2014.
PERSONAL FINANCE
(Tables 1 & 4)
In trend terms, the value of total personal finance commitments rose 0.3% in December 2013 compared with November 2013. Fixed lending commitments rose 0.7%, while revolving credit commitments fell 0.4%.
In seasonally adjusted terms, the value of total personal finance commitments fell 1.1%. Revolving credit commitments fell 4.0%, while fixed lending commitments rose 1.0%.
COMMERCIAL FINANCE
(Tables 1 & 8)
The trend series for the value of total commercial finance commitments rose 1.9% in December 2013 compared with November 2013. Fixed lending commitments rose 2.5%, while revolving credit commitments remained steady (0.0%).
The seasonally adjusted series for the value of total commercial finance commitments rose 4.7% in December 2013, following a rise of 8.5% in November 2013. Revolving credit commitments rose 10.0%, following a rise of 5.0% in the previous month. Fixed lending commitments rose 3.1%, following a rise of 9.5% in the previous month.
The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 2.8% in December 2013 and the seasonally adjusted series rose 2.1%.
PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
LEASE FINANCE
(Table 1)
The trend series for the value of total lease finance commitments rose 0.2% and the seasonally adjusted series rose 0.9%, following a rise of 3.2% in November 2013.
Print Page
Print All