DECEMBER KEY FIGURES
| | Nov 2014 | Dec 2014 | Nov 2014 to Dec 2014 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation(a) | 17 525 | 17 689 | 0.9 |
| Personal finance | 8 625 | 8 613 | -0.1 |
| Commercial finance | 38 146 | 37 041 | -2.9 |
| Lease finance | 396 | 381 | -3.8 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation(a) | 17 388 | 18 043 | 3.8 |
| Personal finance | 8 648 | 8 432 | -2.5 |
| Commercial finance | 37 775 | 37 926 | 0.4 |
| Lease finance | 392 | 348 | -11.2 |
|
(a) Excludes alterations and additions |
Personal Finance
| Commercial Finance
|
DECEMBER KEY POINTS
DECEMBER 2014 COMPARED WITH NOVEMBER 2014:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions rose 0.9% in trend terms, and the seasonally adjusted series rose 3.8%.
PERSONAL FINANCE
- The trend series for the value of total personal finance commitments fell 0.1%. Revolving credit commitments fell 0.4%, while fixed lending commitments rose 0.1%.
- The seasonally adjusted series for the value of total personal finance commitments fell 2.5%. Revolving credit commitments fell 5.2% and fixed lending commitments fell 0.4%.
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments fell 2.9%. Revolving credit commitments fell 5.1% and fixed lending commitments fell 2.2%.
- The seasonally adjusted series for the value of total commercial finance commitments rose 0.4%. Revolving credit commitments rose 4.3%, while fixed lending commitments fell 0.9%.
LEASE FINANCE
- The trend series for the value of total lease finance commitments fell 3.8% in December 2014 and the seasonally adjusted series fell 11.2%, following a fall of 6.7% in November 2014.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
January 2015 | 13 March 2015 |
February 2015 | 14 April 2015 |
March 2015 | 15 May 2015 |
April 2015 | 12 June 2015 |
May 2015 | 13 July 2015 |
June 2015 | 10 August 2015 |
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 an impact on:
- Owner occupied housing values for the periods October 2012 to November 2014
- Commercial Finance values for the periods August 2014 to November 2014
- Personal Finance values for the periods August 2014 to November 2014
- Investment housing values for the periods August 2014 to November 2014
PROPOSED REMOVAL OF TABLES
The ABS is reviewing the usage of some Lending Finance tables, with the aim of improving the relevance of data released and minimising the reporting load placed on businesses.
As part of this review, we are seeking user feedback on the possible removal from future releases of 38 current time series spreadsheets on the downloads tab of the ABS website. The list of tables is shown at
Proposed Removal of Tables. If you have any feedback on the possible removal of these tables, please email
<finacct@abs.gov.au> or phone the Financial Statistics Section on Sydney (02) 9268 4186.
PRIVACY
The
ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.