DECEMBER KEY FIGURES
| | Nov 2013 | Dec 2013 | Nov 2013 to Dec 2013 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation(a) | 16 252 | 16 415 | 1.0 |
| Personal finance | 7 845 | 7 866 | 0.3 |
| Commercial finance | 37 095 | 37 804 | 1.9 |
| Lease finance | 382 | 382 | 0.2 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation(a) | 16 533 | 16 284 | -1.5 |
| Personal finance | 7 903 | 7 820 | -1.1 |
| Commercial finance | 37 553 | 39 318 | 4.7 |
| Lease finance | 399 | 403 | 0.9 |
|
(a) Excludes alterations and additions |
Personal Finance
| Commercial Finance
|
DECEMBER KEY POINTS
DECEMBER 2013 COMPARED WITH NOVEMBER 2013:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions rose 1.0% in trend terms, while the seasonally adjusted series fell 1.5%.
PERSONAL FINANCE
- The trend series for the value of total personal finance commitments rose 0.3%. Fixed lending commitments rose 0.7%, while revolving credit commitments fell 0.4%.
- The seasonally adjusted series for the value of total personal finance commitments fell 1.1%. Revolving credit commitments fell 4.0%, while fixed lending commitments rose 1.0%.
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments rose 1.9%. Fixed lending commitments rose 2.5%, while revolving credit commitments remained steady (0.0%).
- The seasonally adjusted series for the value of total commercial finance commitments rose 4.7% in December 2013, following a rise of 8.5% in November 2013. Revolving credit commitments rose 10.0%, following a rise of 5.0% in the previous month. Fixed lending commitments rose 3.1%, following a rise of 9.5% in the previous month.
LEASE FINANCE
- The trend series for the value of total lease finance commitments rose 0.2% and the seasonally adjusted series rose 0.9%, following a rise of 3.2% in November 2013.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
January 2014 | 14 March 2014 |
February 2014 | 11 April 2014 |
March 2014 | 16 May 2014 |
April 2014 | 13 June 2014 |
May 2014 | 14 July 2014 |
June 2014 | 11 August 2014 |
REVISIONS
In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data. These revisions have impacted on:
- Owner occupied housing values for the periods September 2013 to November 2013
- Personal finance values for the periods October 2013 to November 2013
- Commercial finance values for the periods October 2013 to November 2013
- Lease finance values for August 2013.
Seasonally adjusted and trend series are revised as a result of revisions to the original series, the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Mohammad Mustafa on Sydney (02) 9268 4378.