SUMMARY OF FINDINGS
HOUSING FINANCE FOR OWNER OCCUPATION
(Table 1)
The total value of owner occupied housing commitments excluding alterations and additions rose 0.5% in trend terms and the seasonally adjusted series rose 1.5%.
For further information, please refer to Housing Finance, Australia (cat.no. 5609.0), which was released on 12 November 2012.
PERSONAL FINANCE
(Tables 1 & 4)
In trend terms, the value of total personal finance commitments fell 0.1% in September 2012 compared with August 2012. Revolving credit commitments fell 1.2%, while fixed lending commitments rose 0.7%.
In seasonally adjusted terms, the value of total personal finance commitments rose 2.6%. Revolving credit commitments rose 3.0% and fixed lending commitments rose 2.4%.
COMMERCIAL FINANCE
(Tables 1 & 8)
The trend series for the value of total commercial finance commitments fell 2.4% in September 2012 compared with August 2012. Revolving credit commitments fell 3.8% and fixed lending commitments fell 1.9%.
The seasonally adjusted series for the value of total commercial finance commitments rose 6.9% in September 2012, after a fall of 4.7% in August 2012. Revolving credit commitments rose 10.9%, after a fall of 7.1% in the previous month. Fixed lending commitments rose 5.4%, after a fall of 3.8% in the previous month.
The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 0.5% in September 2012 and the seasonally adjusted series rose 3.6%.
PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
LEASE FINANCE
(Table 1)
The value of total lease finance commitments (trend) rose 0.4% in September 2012. The seasonally adjusted series rose 10.1%, after a fall of 4.5% in August 2012.
Print Page
Print All