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UPDATE TO FORTHCOMING CHANGES

The ABS is combining Housing Finance, Australia (5609.0) and Lending Finance, Australia (5671.0) into a single, simpler publication called Lending to Households and Businesses, Australia (5601.0). An information paper will be released on 11 January 2019 which outlines the forthcoming changes in more detail and outlines the format of the new publication, as well as providing historical data in the new table structures. In the new publication, some of the data currently published in the two publications will no longer be published, however, some existing outputs will be further disaggregated. New analytical series will also be added with the inclusion of seasonally adjusted and trend estimates for more data items. This new consolidated publication will be released on 12 February 2019.


OCTOBER KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Oct 2018	Sep 2018 to Oct 2018	Oct 2018	Sep 2018 to Oct 2018
Value of dwelling commitments(a)(b)
	$m	% change	$m	% change
Total dwellings	29 851	-1.0	30 031	2.6
Owner occupied housing	20 006	-1.0	20 147	3.5
Investment housing - fixed loans(c)	9 845	-1.0	9 884	0.6
Number of dwelling commitments(a)(b)
	no.	% change	no.	% change
Owner occupied housing	52 171	-0.1	52 654	2.2
Construction of dwellings	5 757	-0.5	5 761	3.2
Purchase of new dwellings	2 516	-1.5	2 513	-0.5
Purchase of established dwellings	43 898	0.0	44 380	2.2
(a) Includes refinancing (see Glossary).
(b) Excludes alterations and additions.
(c) Excludes revolving credit.

Value of dwelling commitments, Total dwellings

No. of dwelling commitments, Owner occupied housing

• The trend estimate for the total value of dwelling finance commitments excluding alterations and additions fell 1.0%. Owner occupied housing commitments fell 1.0% and investment housing commitments fell 1.0%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 2.6%.

• In trend terms, the number of commitments for owner occupied housing finance fell 0.1% in October 2018.
• In trend terms, the number of commitments for the purchase of new dwellings fell 1.5% and the number of commitments for the construction of dwellings fell 0.5%, while the number of commitments for the purchase of established dwellings was flat.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 18.1% in October 2018 from 18.0% in September 2018.

• Owner occupied housing for the periods July 2018 to September 2018.
• Investment housing for the periods July 2018 to September 2018.
• Housing loan outstandings to households for owner occupation series and investment housing series for the period September 2018.