5671.0 - Lending Finance, Australia, Jul 2010  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/09/2010   
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JULY KEY FIGURES

Jun 2010
Jul 2010
Jun 2010 to Jul 2010
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation(a)
13 438
13 478
0.3
Personal finance
6 822
6 823
0.0
Commercial finance
29 446
29 491
0.2
Lease finance
380
384
1.1
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
13 458
13 761
2.3
Personal finance
6 882
6 833
-0.7
Commercial finance
27 537
29 785
8.2
Lease finance
374
386
3.2

(a) Excludes alterations and additions

Personal finance
Graph: PERSONAL FINANCE

Commercial finance
Graph: COMMERCIAL FINANCE




JULY KEY POINTS


JULY 2010 COMPARED WITH JUNE 2010:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions rose 0.3% in trend terms and the seasonally adjusted series rose 2.3%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments was flat (0.0%). Fixed lending commitments rose 0.6%, while revolving credit commitments fell 0.6%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 0.7%. Fixed lending commitments fell 1.2% and revolving credit commitments fell 0.3%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 0.2%. Revolving credit commitments rose 0.4% and fixed lending commitments rose 0.1%.
  • The seasonally adjusted series for the value of total commercial finance commitments rose 8.2%. Fixed lending commitments rose 9.2% and revolving credit commitments rose 5.7%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments rose 1.1% and the seasonally adjusted series rose 3.2%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
August 2010 13 October 2010
September 2010 15 November 2010
October 2010 13 December 2010
November 2010 17 January 2011
December 2010 15 February 2011
January 2011 15 March 2011



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 for June 2010,
  • Commercial finance values for the period April 2010 to June 2010, and
  • Owner occupied and investment housing values for June 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.