5671.0 - Lending Finance, Australia, Mar 2016 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/05/2016   
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MARCH KEY FIGURES

Feb 2016
Mar 2016
Feb 2016 to Mar 2016
$m
$m
% change
TREND ESTIMATES
Housing finance for owner occupation(a)
20 995
20 852
-0.7
Personal finance
6 875
6 909
0.5
Commercial finance
42 352
41 929
-1.0
Lease finance
592
587
-1.0
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
20 983
20 729
-1.2
Personal finance
6 679
7 098
6.3
Commercial finance
42 778
43 155
0.9
Lease finance
603
557
-7.7
(a) Excludes alterations and additions

Personal Finance
Graph: Graph shows personal finance seasonally adjusted and trend data

Commercial Finance
Graph: Commercial Finance




MARCH KEY POINTS


MARCH 2016 COMPARED WITH FEBRUARY 2016:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions fell 0.7% in trend terms, and the seasonally adjusted series fell 1.2%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments rose 0.5%. Fixed lending commitments rose 1.4%, while revolving credit commitments fell 1.0%.
  • The seasonally adjusted series for the value of total personal finance commitments rose 6.3%. Revolving credit commitments rose 11.9%, while fixed lending commitments rose 3.0%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments fell 1.0%. Fixed lending commitments fell 1.2% and revolving credit commitments fell 0.5%.
  • The seasonally adjusted series for the value of total commercial finance commitments rose 0.9%. Revolving credit commitments rose 2.3% and fixed lending commitments rose 0.4%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 1.0% in March 2016 and the seasonally adjusted series fell 7.7%, following a fall of 2.3% in February 2016.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2016 10 June 2016
May 2016 13 July 2016
June 2016 12 August 2016
July 2016 12 September 2016
August 2016 14 October 2016
September 2016 14 November 2016



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 affected the following series:
  • Commercial Finance for period December 2015 to February 2016.
  • Personal Finance for period December 2015 to February 2016.
  • Owner occupied housing for period December 2015 to February 2016.
  • Investment housing for period December 2015 to February 2016.
  • Lease Finance for February 2016.


PRIVACY

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INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.