OCTOBER KEY FIGURES

		Sep 2014	Oct 2014	Sep 2014 to Oct 2014
		$m	$m	% change
TREND ESTIMATES
	Housing finance for owner occupation(a)	16 954	16 980	0.2
	Personal finance	8 702	8 759	0.7
	Commercial finance	41 594	40 531	-2.6
	Lease finance	442	446	0.8
SEASONALLY ADJUSTED ESTIMATES
	Housing finance for owner occupation(a)	16 938	17 115	1.0
	Personal finance	8 390	8 934	6.5
	Commercial finance	40 545	39 636	-2.2
	Lease finance	449	428	-4.7
(a) Excludes alterations and additions

Personal Finance

Commercial Finance

OCTOBER KEY POINTS


OCTOBER 2014 COMPARED WITH SEPTEMBER 2014:

HOUSING FINANCE FOR OWNER OCCUPATION

• The total value of owner occupied housing commitments excluding alterations and additions rose 0.2% in trend terms, and the seasonally adjusted series rose 1.0%.

PERSONAL FINANCE

• The trend series for the value of total personal finance commitments rose 0.7%. Fixed lending commitments rose 1.1% and revolving credit commitments rose 0.1%.
• The seasonally adjusted series for the value of total personal finance commitments rose 6.5%. Revolving credit commitments rose 11.2% and fixed lending commitments rose 3.0%.

COMMERCIAL FINANCE

• The trend series for the value of total commercial finance commitments fell 2.6%. Revolving credit commitments fell 7.9% and fixed lending commitments fell 0.6%.
• The seasonally adjusted series for the value of total commercial finance commitments fell 2.2%. Revolving credit commitments fell 11.5%, while fixed lending commitments rose 0.9%.

LEASE FINANCE

• The trend series for the value of total lease finance commitments rose 0.8% in October 2014 and the seasonally adjusted series fell 4.7%, following a fall of 0.9% in September 2014.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
November 2014	14 January 2015
December 2014	13 February 2015
January 2015	13 March 2015
February 2015	14 April 2015
March 2015	15 May 2015
April 2015	12 June 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:

• Commercial Finance values for the periods August 2014 to September 2014
• Lease Finance values for the period September 2014

Seasonally adjusted and trend series are revised as a result of the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.


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

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INQUIRIES

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