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SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions rose 0.2% in trend terms while the seasonally adjusted series fell 2.1%.

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 2017.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments rose 1.1% in September 2017 compared with August 2017. Fixed lending commitments rose 1.5% and revolving credit commitments rose 0.4%..

The seasonally adjusted series for the value of total personal finance commitments rose 0.8%. Fixed lending commitments rose 3.9%, while revolving credit commitments fell 4.1%.

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 fell 1.5% in September 2017 compared with August 2017. Fixed lending commitments fell 2.2% while revolving credit commitments rose 0.8%.

The seasonally adjusted series for the value of total commercial finance commitments fell 7.8% in September 2017, after a rise of 1.9% in August 2017. Fixed lending commitments fell 12.9%, after a rise of 1.3% in the previous month. Revolving lending commitments rose 10.9%, following a 3.8% rise in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 0.1% in September 2017 while the seasonally adjusted series fell 4.1%.

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