OCTOBER KEY FIGURES
| | Sep 2010 | Oct 2010 | Sep 2010 to Oct 2010 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation(a) | 13 826 | 13 948 | 0.9 |
| Personal finance | 7 553 | 7 562 | 0.1 |
| Commercial finance | 28 528 | 28 468 | -0.2 |
| Lease finance | 403 | 409 | 1.6 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation(a) | 13 772 | 14 161 | 2.8 |
| Personal finance | 7 622 | 7 595 | -0.4 |
| Commercial finance | 28 138 | 29 601 | 5.2 |
| Lease finance | 403 | 416 | 3.1 |
|
(a) Excludes alterations and additions |
Personal finance
| Commercial finance
|
OCTOBER KEY POINTS
OCTOBER 2010 COMPARED WITH SEPTEMBER 2010:
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 2.8%.
PERSONAL FINANCE
- The trend series for the value of total personal finance commitments rose 0.1%. Fixed lending commitments rose 0.3%, while revolving credit commitments fell 0.1%.
- The seasonally adjusted series for the value of total personal finance commitments fell 0.4%. Revolving credit commitments fell 2.5%, while fixed lending commitments rose 1.9%.
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments fell 0.2%. Fixed lending commitments fell 0.9%, while revolving credit commitments rose 1.5%.
- The seasonally adjusted series for the value of total commercial finance commitments rose 5.2%. Revolving credit commitments rose 17.4% and fixed lending commitments rose 0.3%.
LEASE FINANCE
- The trend series for the value of total lease finance commitments rose 1.6% and the seasonally adjusted series rose 3.1%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
November 2010 | 17 January 2011 |
December 2010 | 15 February 2011 |
January 2011 | 15 March 2011 |
February 2011 | 11 April 2011 |
March 2011 | 17 May 2011 |
April 2011 | 14 June 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:
- Personal finance and commercial finance for the period August 2010 to September 2010; and
- Investment housing for the period August 2010 to September 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.
CHANGES IN FORTHCOMING ISSUES
The seasonally adjusted and trend estimates of lending finance will be revised in the December 2010 issue as a result of the annual seasonal re-analysis. This re-analysis reviews the seasonal and trading day factors in more detail than is possible in the quarterly processing cycle and assesses the appropriateness of any prior corrections. Please refer to paragraph 20 of the explanatory notes for more information regarding seasonal re-analysis.
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.