5671.0 - Lending Finance, Australia, September 2018 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/11/2018   
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SEPTEMBER KEY FIGURES

Aug 2018
Sep 2018
Aug 2018 to Sep 2018
$m
$m
% change
TREND ESTIMATES
Housing finance for owner occupation(a)
20 272
20 037
-1.2
Personal finance
5 879
5 859
-0.3
Commercial finance
43 278
44 081
1.9
Lease finance
637
637
-0.1
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)
20 224
19 367
-4.2
Personal finance
5 960
5 946
-0.2
Commercial finance
42 232
45 627
8.0
Lease finance
622
601
-3.4
(a) Excludes alterations and additions

Personal Finance
Graph: Graph shows personal finance seasonally adjusted and trend data

Commercial Finance
Graph: Commercial Finance



SEPTEMBER KEY POINTS


SEPTEMBER 2018 COMPARED WITH AUGUST 2018:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions fell 1.2% in trend terms, and the seasonally adjusted series fell 4.2%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments fell 0.3%. Revolving credit commitments fell 3.0%, while fixed lending commitments rose 0.9%.
  • The seasonally adjusted series for the value of total personal finance commitments fell 0.2%. Revolving credit commitments fell 3.4%, while fixed lending commitments rose 1.3%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments rose 1.9%. Revolving credit commitments rose 2.1% and fixed lending commitments rose 1.8%.
  • The seasonally adjusted series for the value of total commercial finance commitments rose 8.0%. Revolving credit commitments rose 20.1% and fixed lending commitments rose 4.6%.


LEASE FINANCE
  • The trend series for the value of total lease finance commitments fell 0.1% in September 2018 and the seasonally adjusted series fell 3.4%, following a fall of 5.2% in August 2018.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
October 2018 12 December 2018
November 2018 21 January 2019
December 2018 14 February 2019


FORTHCOMING CHANGES

The ABS is combining Housing Finance, Australia (5609.0) and Lending Finance, Australia (5671.0) into a single, simpler publication called Lending to Households and Businesses, Australia (5601.0). An information paper which outlines the forthcoming changes in more detail and outlines the format of the new publication, as well as providing historical data in the new table structures, will be released no less than one month prior to release of the new publication. Some of the data currently published in the two publications will no longer be published in the new consolidated publication, however, some existing outputs will be further disaggregated. New analytical series will also be added with the inclusion of seasonally adjusted and trend estimates for more data items.


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 affected the following series:
  • Commercial Finance for the period August 2018.
  • Personal Finance for the periods July 2018 and August 2018.
  • Lease Finance for the periods June 2018 to August 2018.
  • Owner-occupied finance for the period July 2018 and August 2018.
  • Investment housing for the period August 2018.


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.