AUGUST KEY FIGURES
| | Jul 2009 | Aug 2009 | Jul 2009 to Aug 2009 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation | 17 004 | 16 965 | -0.2 |
| Personal finance | 6 945 | 7 015 | 1.0 |
| Commercial finance | 28 035 | 27 962 | -0.3 |
| Lease finance | 392 | 389 | -0.7 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation | 16 831 | 16 543 | -1.7 |
| Personal finance | 6 903 | 7 184 | 4.1 |
| Commercial finance | 27 012 | 28 511 | 5.6 |
| Lease finance | 440 | 398 | -9.4 |
|
Personal finance
| Commercial finance
|
AUGUST KEY POINTS
AUGUST 2009 COMPARED WITH JULY 2009:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions decreased 0.2% in trend terms and the seasonally adjusted series fell 1.7%.
PERSONAL FINANCE
- The trend series for the value of total personal finance commitments increased 1.0%. Fixed lending commitments rose 1.3% and revolving credit commitments rose 0.7%.
- The seasonally adjusted series for the value of total personal finance commitments increased 4.1%, with increases in revolving credit commitments (up 4.5%) and fixed lending commitments (up 3.6%).
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments decreased 0.3%. Revolving credit commitments fell 0.9%, while fixed lending commitments recorded no change in percentage terms.
- The seasonally adjusted series for the value of total commercial finance commitments increased 5.6%. Both fixed lending commitments and revolving credit commitments increased, up 7.6% and 1.0% respectively.
LEASE FINANCE
- Lease finance commitments decreased 0.7% in trend terms and the seasonally adjusted series decreased 9.4%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
September 2009 | 11 November 2009 |
October 2009 | 14 December 2009 |
November 2009 | 13 January 2010 |
December 2009 | 15 February 2010 |
January 2010 | 15 March 2010 |
February 2010 | 13 April 2010 |
REVISIONS
Revisions in original terms were made to Housing finance, Personal finance and Commercial finance from May 2009. Seasonally adjusted and trend series have been revised as a result of revisions to the original series and the incorporation of estimates for the latest month.
TREND ESTIMATES
As advised in the previous issue reporting was improved for Personal and Commercial finance from November 2008. In order to facilitate analysis of the time series a trend break has been incorporated between November and December 2008. Further investigation is being conducted and this may result in revisions to the time series.
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.