MARCH KEY FIGURES
| | Feb 2014 | Mar 2014 | Feb 2014 to Mar 2014 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation(a) | 16 717 | 16 740 | 0.1 |
| Personal finance | 8 211 | 8 235 | 0.3 |
| Commercial finance | 40 437 | 40 985 | 1.4 |
| Lease finance | 433 | 440 | 1.7 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation(a) | 16 849 | 16 640 | -1.2 |
| Personal finance | 8 345 | 8 201 | -1.7 |
| Commercial finance | 39 637 | 40 754 | 2.8 |
| Lease finance | 428 | 453 | 5.9 |
|
(a) Excludes alterations and additions |
Personal Finance
| Commercial Finance
|
MARCH KEY POINTS
MARCH 2014 COMPARED WITH FEBRUARY 2014:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions rose 0.1% in trend terms, while the seasonally adjusted series fell 1.2%.
PERSONAL FINANCE
- The trend series for the value of total personal finance commitments rose 0.3%. Fixed lending commitments rose 0.2% and revolving credit commitments rose 0.3%.
- The seasonally adjusted series for the value of total personal finance commitments fell 1.7%. Revolving credit commitments fell 4.2%, while fixed lending commitments rose 0.3%.
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments rose 1.4%. Revolving credit commitments rose 2.3% and fixed lending commitments rose 1.0%.
- The seasonally adjusted series for the value of total commercial finance commitments rose 2.8% in March 2014, after a fall of 2.6% in February 2014. Revolving credit commitments rose 14.5%, after a fall of 5.2% in the previous month. Fixed lending commitments fell 0.7%, following a fall of 1.8% in the previous month.
LEASE FINANCE
- The trend series for the value of total lease finance commitments rose 1.7% and the seasonally adjusted series rose 5.9%, following a rise of 1.2% in February 2014
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
April 2014 | 13 June 2014 |
May 2014 | 14 July 2014 |
June 2014 | 11 August 2014 |
July 2014 | 12 September 2014 |
August 2014 | 13 October 2014 |
September 2014 | 12 November 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 December 2011 to February 2014
- Personal finance values for the periods December 2011 to February 2014
- Commercial finance values for the periods January 2012 to February 2014
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.