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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 1.2% in trend terms and the seasonally adjusted series fell 4.2%.

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 9 November 2018.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments fell 0.3% in September 2018 compared with August 2018. Revolving credit commitments fell 3.0%, while fixed lending commitments rose 0.9%.

The seasonally adjusted series for the value of total personal finance commitments fell 0.2%. Revolving credit commitments fell 3.4%, while fixed lending commitments rose 1.3%.

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 1.9% in September 2018 compared with August 2018. Revolving credit commitments rose 2.1% and fixed lending commitments rose 1.8%.

The seasonally adjusted series for the value of total commercial finance commitments rose 8.0% in September 2018, after a fall of 1.5% in August 2018. Revolving credit commitments rose 20.1%, after a fall of 8.7% in the previous month. Fixed lending commitments rose 4.6%, following a rise of 0.7% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 0.6% in September 2018 and the seasonally adjusted series fell 2.6%.

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