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AUGUST KEY FIGURES

		Jul 2007	Aug 2007	Jul 2007 to Aug 2007
		$m	$m	% change
TREND ESTIMATES
	Housing finance for owner occupation	15 535	15 570	0.2
	Personal finance	6 953	6 939	-0.2
	Commercial finance	42 743	43 587	2.0
	Lease finance	543	535	-1.4
SEASONALLY ADJUSTED ESTIMATES
	Housing finance for owner occupation	15 063	15 315	1.7
	Personal finance	6 739	6 524	-3.2
	Commercial finance	38 868	45 074	16.0
	Lease finance	537	549	2.3

Personal finance

Commercial finance

AUGUST KEY POINTS


AUGUST 2007 COMPARED WITH JULY 2007:

HOUSING FINANCE FOR OWNER OCCUPATION

• The total value of owner occupied housing commitments excluding alterations and additions increased by 1.7% (seasonally adjusted) while the trend series rose 0.2%.

• The seasonally adjusted series for the value of total personal finance commitments fell by 3.2%. This decrease was due to falls in both revolving credit commitments (down 5.7%) and fixed lending commitments (down 0.1%).
• The trend series for the value of total personal finance fell 0.2%, due to a fall in fixed lending commitments (down 0.9%), while revolving credit commitments rose (up 0.4%).

• The seasonally adjusted series for the value of total commercial finance commitments rose by 16.0%. This increase was due to a rise in both fixed lending commitments (up 22.1%) and revolving credit commitments (up 5.5%).
• The trend series for the value of total commercial finance commitments rose 2.0%. This was due to a rise in fixed lending commitments (up 4.1%) while revolving credit commitments fell (down 1.8%).

• Lease finance commitments (seasonally adjusted) increased by 2.3%. The lease finance trend series fell by 1.4%.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Philip Beresford on Canberra (02) 6252 6052.