JUNE KEY FIGURES

		May 2015	Jun 2015	May 2015 to Jun 2015
		$m	$m	% change
TREND ESTIMATES
	Housing finance for owner occupation(a)	18 376	18 400	0.1
	Personal finance	7 591	7 627	0.5
	Commercial finance	48 757	48 673	-0.2
	Lease finance	544	550	1.0
SEASONALLY ADJUSTED ESTIMATES
	Housing finance for owner occupation(a)	17 593	18 558	5.5
	Personal finance	7 532	7 609	1.0
	Commercial finance	48 084	47 622	-1.0
	Lease finance	537	546	1.6
(a) Excludes alterations and additions

Personal Finance

Commercial Finance

JUNE KEY POINTS


JUNE 2015 COMPARED WITH MAY 2015:

HOUSING FINANCE FOR OWNER OCCUPATION

• The total value of owner occupied housing commitments excluding alterations and additions rose 0.1% in trend terms, and the seasonally adjusted series rose 5.5%.

PERSONAL FINANCE

• The trend series for the value of total personal finance commitments rose 0.5%. Fixed lending commitments rose 1.5%, while revolving credit commitments fell 1.2%.
• The seasonally adjusted series for the value of total personal finance commitments rose 1.0%. Fixed lending commitments rose 2.3%, while revolving credit commitments fell 0.9%.

COMMERCIAL FINANCE

• The trend series for the value of total commercial finance commitments fell 0.2%. Fixed lending commitments fell 0.4%, while revolving credit commitments rose 0.5%.
• The seasonally adjusted series for the value of total commercial finance commitments fell 1.0%. Revolving credit commitments fell 1.5% and fixed lending commitments fell 0.8%.

LEASE FINANCE

• The trend series for the value of total lease finance commitments rose 1.0% in June 2015 and the seasonally adjusted series rose 1.6%, following a rise of 0.8% in May 2015.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
July 2015	11 September 2015
August 2015	12 October 2015
September 2015	13 November 2015
October 2015	11 December 2015
November 2015	19 January 2016
December 2015	16 February 2016

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 have an impact on:

• Owner occupied housing values for periods September 2012 to May 2015.
• Commercial Finance values for periods August 2013 to May 2015.
• Personal Finance values for the periods August 2013 to May 2015.
• Lease Finance values for April 2015.
• Investment housing for the periods August 2013 to May 2015.

These revisions include improved reporting by a significant lender from December 2014. The impact of this improved reporting has resulted in trend breaks being applied to the following series in December 2014:

• Secured Housing Finance - Alterations and additions series published in Tables 1 and 8.
• Personal Finance - Fixed loans series published in Tables 1 and 50.
• Personal Finance - Revolving credit series published in Tables 1 and 50.
• Personal Finance - Total series published in Tables 1 and 50.

The ABS is currently investigating the impact on the series estimates for the periods prior to December 2014 and will determine if adjustments are necessary to the historical series. Any resulting revisions will be published in future issues of this publication.


OWNER OCCUPATION AND INVESTMENT HOUSING

Statistics in this publication are currently derived from returns submitted to the Australian Prudential Regulation Authority (APRA) under the Financial Sector (Collection of Data) Act 2001, primarily for use by the Australian Bureau of Statistics (ABS). The ABS anticipates that in the coming months some lenders will revise residential mortgage data reported to APRA. These revisions are expected to result in changes in the proportion of the investment housing statistics relative to owner occupation statistics. It is not expected that aggregate data on lending statistics for housing will change significantly. The ABS is working closely with APRA and affected lenders as they remediate their data and processes.


PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.