5671.0 - Lending Finance, Australia, Jun 2010  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 11/08/2010   
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JUNE KEY FIGURES

May 2010
Jun 2010
May 2010 to Jun 2010
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
13 301
13 214
-0.7
Personal finance
6 832
6 829
-0.1
Commercial finance
29 396
29 301
-0.3
Lease finance
376
376
0.0
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
13 522
13 386
-1.0
Personal finance
6 814
6 896
1.2
Commercial finance
30 153
27 482
-8.9
Lease finance
397
373
-6.0

(a) Excludes alterations and additions

Personal finance
Graph: PERSONAL FINANCE

Commercial finance
Graph: COMMERCIAL FINANCE




JUNE KEY POINTS


JUNE 2010 COMPARED WITH MAY 2010:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions decreased 0.7% in trend terms and the seasonally adjusted series decreased 1.0%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments decreased 0.1%. Revolving credit commitments fell 0.8%, while fixed lending commitments rose 0.8%.
  • The seasonally adjusted series for the value of total personal finance commitments increased 1.2%. Fixed lending commitments rose 3.7%, while revolving credit commitments fell 1.1%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments decreased 0.3%. Fixed lending commitments fell 0.7%, while revolving credit commitments rose 0.7%.
  • The seasonally adjusted series for the value of total commercial finance commitments decreased 8.9%. Revolving credit commitments fell 10.6% and fixed lending commitments fell 8.1%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments was flat (0.0%) while the seasonally adjusted series fell 6.0%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
July 2010 13 September 2010
August 2010 13 October 2010
September 2010 15 November 2010
October 2010 13 December 2010
November 2010 17 January 2011
December 2010 15 February 2011



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 impact on:
  • Housing finance from November 2009 to May 2010;
  • Personal finance for January 2010 and May 2010; and
  • Commercial finance from November 2010 to May 2010.

Seasonally adjusted and trend series have been 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 Joe Whelan on Canberra (02) 6252 5747.