FEBRUARY KEY FIGURES
| | Jan 2010 | Feb 2010 | Jan 2010 to Feb 2010 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation(a) | 14 985 | 14 516 | -3.1 |
| Personal finance | 6 996 | 6 977 | -0.3 |
| Commercial finance | 27 396 | 27 293 | -0.4 |
| Lease finance | 373 | 371 | -0.5 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation(a) | 14 740 | 14 085 | -4.4 |
| Personal finance | 6 943 | 6 988 | 0.7 |
| Commercial finance | 26 581 | 28 082 | 5.6 |
| Lease finance | 361 | 365 | 0.8 |
|
(a) Excludes alterations and additions |
Personal finance
| Commercial finance
|
FEBRUARY KEY POINTS
FEBRUARY 2010 COMPARED WITH JANUARY 2010:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions decreased 3.1% in trend terms and the seasonally adjusted series decreased 4.4%.
PERSONAL FINANCE
- The trend series for the value of total personal finance commitments decreased 0.3%. Fixed lending commitments fell 1.2%, while revolving credit commitments rose 0.5%.
- The seasonally adjusted series for the value of total personal finance commitments increased 0.7%. Fixed lending commitments rose 1.0% and revolving credit commitments rose 0.4%.
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments decreased 0.4%. Revolving credit commitments fell 1.2% and fixed lending commitments fell 0.1%.
- The seasonally adjusted series for the value of total commercial finance commitments increased 5.6%. Revolving credit commitments rose 13.7% and fixed lending commitments rose 2.9%.
LEASE FINANCE
- The total value of lease finance commitments decreased 0.5% in trend terms, while the seasonally adjusted series increased 0.8%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
March 2010 | 17 May 2010 |
April 2010 | 15 June 2010 |
May 2010 | 13 July 2010 |
June 2010 | 11 August 2010 |
July 2010 | 13 September 2010 |
August 2010 | 13 October 2010 |
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 impact on:
- Personal finance values from November 2009 to January 2010,
- Number of commitments for personal finance from January 2007 to January 2010,
- Commercial Finance from December 2009 to January 2010.
Seasonally adjusted and trend series have been revised as a result of revisions to the original series, the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Joe Whelan on Canberra (02) 6252 5747.