NOVEMBER KEY FIGURES
| | Oct 2008 | Nov 2008 | Oct 2008 to Nov 2008 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation | 12 189 | 12 237 | 0.4 |
| Personal finance | 6 208 | 6 141 | -1.1 |
| Commercial finance | 30 483 | 29 994 | -1.6 |
| Lease finance | 525 | 520 | -0.9 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation | 12 290 | 12 460 | 1.4 |
| Personal finance | 6 205 | 6 095 | -1.8 |
| Commercial finance | 31 669 | 28 375 | -10.4 |
| Lease finance | 535 | 518 | -3.0 |
|
Personal finance
| Commercial finance
|
NOVEMBER KEY POINTS
NOVEMBER 2008 COMPARED WITH OCTOBER 2008:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions increased in trend terms (up 0.4%) and the seasonally adjusted series rose (up 1.4%).
PERSONAL FINANCE
- The trend series for the value of total personal finance decreased 1.1%, due to falls in both fixed lending commitments (down 2.2%) and revolving credit commitments (down 0.2%).
- The seasonally adjusted series for the value of total personal finance commitments decreased 1.8%, with a fall in fixed lending commitments (down 6.0%), while revolving credit commitments rose (up 1.5%).
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments decreased 1.6%. Revolving credit commitments fell (down 5.7%), while fixed lending commitments rose (up 0.5%).
- The seasonally adjusted series for the value of total commercial finance commitments decreased 10.4%. This was due mainly to a fall in revolving credit commitments (down 27.6%). Fixed lending commitments also fell (down 1.5%).
LEASE FINANCE
- Lease finance commitments (trend) decreased 0.9% and the seasonally adjusted series fell 3.0%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
December 2008 | 16 February 2009 |
January 2009 | 16 March 2009 |
February 2009 | 14 April 2009 |
March 2009 | 14 May 2009 |
April 2009 | 15 June 2009 |
May 2009 | 13 July 2009 |
CHANGES IN THIS ISSUE
Data in this publication has undergone annual seasonal reanalysis, resulting in changes to seasonally adjusted and trend series.
REVISIONS
Revisions were made to Housing and Commercial Finance to include the latest available administrative and survey data.
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.