MAY KEY FIGURES
| | Apr 2015 | May 2015 | Apr 2015 to May 2015 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation(a) | 18 562 | 18 645 | 0.4 |
| Personal finance | 8 890 | 8 965 | 0.8 |
| Commercial finance | 45 766 | 46 467 | 1.5 |
| Lease finance | 539 | 545 | 1.1 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation(a) | 19 116 | 18 103 | -5.3 |
| Personal finance | 9 079 | 8 963 | -1.3 |
| Commercial finance | 46 353 | 45 560 | -1.7 |
| Lease finance | 534 | 537 | 0.7 |
|
(a) Excludes alterations and additions |
Personal Finance
| Commercial Finance
|
MAY KEY POINTS
MAY 2015 COMPARED WITH APRIL 2015:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions rose 0.4% in trend terms, while the seasonally adjusted series fell 5.3%.
PERSONAL FINANCE
- The trend series for the value of total personal finance commitments rose 0.8%. Fixed lending commitments rose 1.7%, while revolving credit commitments fell 0.3%.
- The seasonally adjusted series for the value of total personal finance commitments fell 1.3%. Fixed lending commitments fell 3.1%, while revolving credit commitments rose 1.4%.
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments rose 1.5%. Fixed lending commitments rose 1.9% and revolving credit commitments rose 0.3%.
- The seasonally adjusted series for the value of total commercial finance commitments fell 1.7%. Fixed lending commitments fell 6.6%, while revolving credit commitments rose 14.0%.
LEASE FINANCE
- The trend series for the value of total lease finance commitments rose 1.1% in May 2015 and the seasonally adjusted series rose 0.7%, after a fall of 1.5% in April 2015.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
June 2015 | 10 August 2015 |
July 2015 | 11 September 2015 |
August 2015 | 12 October 2015 |
September 2015 | 13 November 2015 |
October 2015 | 11 December 2015 |
November 2015 | 19 January 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 an impact on:
- Owner occupied housing values for January 2014, May 2014, June 2014, and for periods November 2014 to April 2015.
- Commercial Finance values for the period of April 2015.
- Personal Finance values for the period of April 2015.
- Investment housing for the period April 2015.
OWNER OCCUPATION AND INVESTMENT HOUSING
Statistics in this publication are currently derived from returns submitted to the Australian Prudential Regulation Authority (APRA) under the
Financial Sector (Collection of Data) Act 2001, primarily for use by the Australian Bureau of Statistics (ABS). The ABS anticipates that in the coming months some lenders will revise residential mortgage data reported to APRA. These revisions are expected to result in changes in the proportion of the investment housing statistics relative to owner occupation statistics. It is not expected that aggregate data on lending statistics for housing will change significantly. The ABS is working closely with APRA and affected lenders as they remediate their data and processes.
PRIVACY
The
ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.