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Note: Table 13a replaced at 12:30 pm on 13 April 2007 due to errors in column heading descriptions. No data was in error.



FEBRUARY KEY FIGURES

		Jan 2007	Feb 2007	Jan 2007 to Feb 2007
		$m	$m	% change
TREND ESTIMATES
	Housing finance for owner occupation	14 038	14 146	0.8
	Personal finance	6 786	6 834	0.7
	Commercial finance	35 706	36 822	3.1
	Lease finance	523	525	0.5
SEASONALLY ADJUSTED ESTIMATES
	Housing finance for owner occupation	14 131	14 257	0.9
	Personal finance	6 891	6 922	0.4
	Commercial finance	35 342	40 838	15.6
	Lease finance	454	563	24.1

Personal finance

Commercial finance

FEBRUARY KEY POINTS


HOUSING FINANCE FOR OWNER OCCUPATION

February 2007 COMPARED WITH January 2007:

• The total value of owner-occupied housing commitments excluding alterations and additions increased by 0.9% (seasonally adjusted), while the trend series rose 0.8%.

• The seasonally adjusted series for the value of total personal finance commitments rose by 0.4%. This increase was due to a rise in both fixed lending commitments (up 0.9%) and revolving credit commitments (up 0.1%).
• The trend series for the value of total personal finance commitments rose 0.7% due to a rise in revolving credit commitments (up 1.3%) while fixed lending commitments remained virtually unchanged for the third consecutive month.

• The seasonally adjusted series for the value of total commercial finance commitments rose by 15.6%. This increase was due to a rise in revolving credit commitments (up 60.2%) while fixed lending commitments fell (down 2.6%).
• The trend series for the value of total commercial finance commitments rose by 3.1%. This increase was due to a rise in both revolving credit commitments (up 5.7%) and fixed lending commitments (up 1.8%).

• Lease finance commitments (seasonally adjusted) increased by 24.1%. The lease finance trend series rose by 0.5%.

CHANGES IN FORTHCOMING ISSUES

The format of the datacube table 13 for this publication is to be changed to align with the current standard for excel spreadsheets (i.e. in .xls format). The new format will be available as table 13a with both tables 13 and 13a released for the February 2007 and March 2007 issues of 5671.0. Table 13 will be withdrawn from the April 2007 issue. Table 13a will then be renumbered to Table 13.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Michael Abbondante on Canberra (02) 6252 6707.