APRIL KEY FIGURES
 | | Mar 2007 | Apr 2007 | Mar 2007 to Apr 2007 |
| | $m | $m | % change |
|
| TREND ESTIMATES | | | |
| Housing finance for owner occupation | 14 728 | 14 911 | 1.2 |
| Personal finance | 6 595 | 6 585 | -0.2 |
| Commercial finance | 37 170 | 37 541 | 1.0 |
| Lease finance | 555 | 566 | 2.1 |
| SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation | 14 694 | 15 209 | 3.5 |
| Personal finance | 6 559 | 6 534 | -0.4 |
| Commercial finance | 43 866 | 36 481 | -16.8 |
| Lease finance | 569 | 582 | 2.2 |
|
Personal finance
| Commercial finance
|
APRIL KEY POINTS
APRIL 2007 COMPARED WITH MARCH 2007:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions increased by 3.5% (seasonally adjusted) and the trend series rose 1.2%.
PERSONAL FINANCE
- The seasonally adjusted series for the value of total personal finance commitments fell by 0.4%. This decrease was due to a fall in revolving credit commitments (down 3.0%), offset by a rise in fixed lending commitments (up 2.6%).
- The trend series for the value of total personal finance fell 0.2% due to a fall in revolving credit commitments (down 0.8%), while fixed lending commitments rose 0.6%.
COMMERCIAL FINANCE
- The seasonally adjusted series for the value of total commercial finance commitments fell by 16.8%. This decrease was due to a fall in revolving credit commitments (down 37.9%), which was partially offset by an increase in fixed lending commitments (up 5.9%).
- The trend series for the value of total commercial finance commitments rose 1.0%. This was due to a rise in revolving credit commitments (up 3.6%), which was partially offset by a decrease in fixed lending commitments (down 0.6%).
LEASE FINANCE
- Lease finance commitments (seasonally adjusted) increased by 2.2%. The lease finance trend series rose by 2.1%.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| May 2007 | 11 July 2007 |
| June 2007 | 10 August 2007 |
| July 2007 | 11 September 2007 |
| August 2007 | 15 October 2007 |
| September 2007 | 12 November 2007 |
| October 2007 | 12 December 2007 |
REVISIONS
Revisions were made to include the latest available administrative and survey data including the reclassification of some loans (as foreshadowed in the November and December 2006 issues), and improvements to coverage. The revisions apply from December 2004 onwards and, in original terms, for March 2007:
- increased the value of total commercial finance commitments by $5,038m to $44,164m;
- decreased the value of total personal finance commitments by $153m to $6,996m.
CHANGES TO THIS ISSUE
As announced in both February and March 2007 issues, the format of the datacubes containing seasonally adjustment factors has changed to align with the current standard of excel spreadsheets. The new format is available as Tables 13.
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.
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