SEPTEMBER KEY FIGURES
| | Aug 2007 | Sep 2007 | Aug 2007 to Sep 2007 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation | 15 366 | 15 265 | -0.7 |
| Personal finance | 6 718 | 6 646 | -1.1 |
| Commercial finance | 43 528 | 44 417 | 2.0 |
| Lease finance | 545 | 548 | 0.5 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation | 15 274 | 14 895 | -2.5 |
| Personal finance | 6 482 | 6 494 | 0.2 |
| Commercial finance | 44 906 | 43 181 | -3.8 |
| Lease finance | 554 | 564 | 1.9 |
|
Personal finance
| Commercial finance
|
SEPTEMBER KEY POINTS
SEPTEMBER 2007 COMPARED WITH AUGUST 2007:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions decreased by 2.5% (seasonally adjusted) and the trend series fell 0.7%.
PERSONAL FINANCE
- The seasonally adjusted series for the value of total personal finance commitments rose by 0.2%. This increase was due to a rise in revolving credit commitments (up 1.0%), substantially offset by a fall in fixed lending commitments (down 0.8%).
- The trend series for the value of total personal finance fell 1.1%, due to a fall in both fixed lending commitments (down 1.5%) and revolving credit commitments (down 0.7%).
COMMERCIAL FINANCE
- The seasonally adjusted series for the value of total commercial finance commitments fell by 3.8%. This decrease was due to a fall in fixed lending commitments (down 6.3%), while revolving credit commitments rose (up 1.1%).
- The trend series for the value of total commercial finance commitments rose 2.0%. This was due to a rise in both fixed lending commitments (up 3.0%) and revolving credit commitments (up 0.4%).
LEASE FINANCE
- Lease finance commitments (seasonally adjusted) increased by 1.9%. The lease finance trend series rose by 0.5%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
October 2007 | 12 December 2007 |
November 2007 | 21 January 2008 |
December 2007 | 13 February 2008 |
January 2008 | 12 March 2008 |
February 2008 | 15 April 2008 |
March 2008 | 13 May 2008 |
REVISIONS
Revisions were made to Personal Finance and Commercial Finance to include the latest available administrative and survey data. The revisions impact data from October 2006 on.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Philip Beresford on Canberra (02) 6252 6052.