5671.0 - Lending Finance, Australia, Dec 2014  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/02/2015   
   Page tools: Print Print Page Print all pages in this productPrint All

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
Graph: Lending finance adjusted time series all lenders, total personal finance commitments, total

Commercial Finance
Graph: 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.