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MAY KEY FIGURES

		Apr 2007	May 2007	Apr 2007 to May 2007
		$m	$m	% change
TREND ESTIMATES
	Housing finance for owner occupation	14 959	15 150	1.3
	Personal finance	6 638	6 659	0.3
	Commercial finance	37 444	37 589	0.4
	Lease finance	561	569	1.5
SEASONALLY ADJUSTED ESTIMATES
	Housing finance for owner occupation	15 187	15 211	0.2
	Personal finance	6 555	6 700	2.2
	Commercial finance	36 577	36 989	1.1
	Lease finance	577	558	-3.2

Personal finance

Commercial finance

MAY KEY POINTS


MAY 2007 COMPARED WITH APRIL 2007:

HOUSING FINANCE FOR OWNER OCCUPATION

• The total value of owner occupied housing commitments excluding alterations and additions increased by 0.2% (seasonally adjusted) and the trend series rose 1.3%.

• The seasonally adjusted series for the value of total personal finance commitments rose by 2.2%. This increase was due to a rise in revolving credit commitments (up 5.6%), more than offsetting a fall in fixed lending commitments (down 1.4%).
• The trend series for the value of total personal finance commitments rose 0.3% due to a rise in both fixed lending commitments (up 0.5%) and revolving credit commitments (up 0.2%).

• The seasonally adjusted series for the value of total commercial finance commitments rose by 1.1%. This increase was due to a rise in both revolving credit commitments (up 2.4%) and fixed lending commitments (up 0.3%).
• The trend series for the value of total commercial finance commitments rose 0.4%. This was due to a rise in revolving credit commitments (up 1.5%), which was partially offset by a decrease in fixed lending commitments (down 0.4%).

• Lease finance commitments (seasonally adjusted) decreased by 3.2%. The lease finance commitments trend series rose by 1.5%.

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.