FEBRUARY KEY FIGURES
| | Jan 2014 | Feb 2014 | Jan 2014 to Feb 2014 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation(a) | 16 698 | 16 846 | 0.9 |
| Personal finance | 8 203 | 8 253 | 0.6 |
| Commercial finance | 39 675 | 40 327 | 1.6 |
| Lease finance | 411 | 422 | 2.7 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation(a) | 16 587 | 16 907 | 1.9 |
| Personal finance | 8 150 | 8 395 | 3.0 |
| Commercial finance | 40 584 | 39 562 | -2.5 |
| Lease finance | 418 | 422 | 0.9 |
|
(a) Excludes alterations and additions |
Personal Finance
| Commercial Finance
|
FEBRUARY KEY POINTS
FEBRUARY 2014 COMPARED WITH JANUARY 2014:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions rose 0.9% in trend terms, and the seasonally adjusted series rose 1.9%.
PERSONAL FINANCE
- The trend series for the value of total personal finance commitments rose 0.6%. Fixed lending commitments rose 0.6% and revolving credit commitments rose 0.6%.
- The seasonally adjusted series for the value of total personal finance commitments rose 3.0%. Revolving credit commitments rose 5.9% and fixed lending commitments rose 0.9%.
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments rose 1.6%. Revolving credit commitments rose 1.7% and fixed lending commitments rose 1.6%.
- The seasonally adjusted series for the value of total commercial finance commitments fell 2.5% in February 2014, after a rise of 2.1% in January 2014. Revolving credit commitments fell 4.9%, after a rise of 1.7% in the previous month. Fixed lending commitments fell 1.8%, after a rise of 2.2% in the previous month.
LEASE FINANCE
- The trend series for the value of total lease finance commitments rose 2.7% and the seasonally adjusted series rose 0.9%, following a rise of 4.7% in January 2014.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
March 2014 | 16 May 2014 |
April 2014 | 13 June 2014 |
May 2014 | 14 July 2014 |
June 2014 | 11 August 2014 |
July 2014 | 12 September 2014 |
August 2014 | 13 October 2014 |
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 impacted on:
- Owner occupied housing values for the periods November 2013 to January 2014
- Personal finance values for the periods December 2013 to January 2014
- Commercial finance values for December 2013.
Seasonally adjusted and trend series are 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
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