5671.0 - Lending Finance, Australia, Jun 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 10/08/2007   
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JUNE KEY FIGURES

May 2007
Jun 2007
May 2007 to Jun 2007
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation
15 478
15 781
2.0
Personal finance
7 014
7 195
2.6
Commercial finance
41 052
42 571
3.7
Lease finance
552
550
-0.3
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation
15 273
16 288
6.6
Personal finance
6 800
7 850
15.4
Commercial finance
37 347
48 559
30.0
Lease finance
549
520
-5.2

Personal finance
Graph: Personal Finance

Commercial finance
Graph: Commercial Finance



JUNE KEY POINTS


JUNE 2007 COMPARED WITH MAY 2007:

HOUSING FINANCE FOR OWNER OCCUPATION

  • The total value of owner occupied housing commitments excluding alterations and additions increased by 6.6% (seasonally adjusted) and the trend series rose 2.0%.


PERSONAL FINANCE
  • The seasonally adjusted series for the value of total personal finance commitments rose by 15.4%. This increase was due to a rise in both revolving credit commitments (up 19.1%) and fixed lending commitments (up 11.1%).
  • The trend series for the value of total personal finance rose 2.6% due to a rise in both revolving credit commitments (up 3.1%) and fixed lending commitments (up 2.0%).


COMMERCIAL FINANCE
  • The seasonally adjusted series for the value of total commercial finance commitments rose by 30.0%. This increase was due to a rise in both fixed lending commitments (up 36.8%) and revolving credit commitments (up 20.0%).
  • The trend series for the value of total commercial finance commitments rose 3.7%. This was due to a rise in both fixed lending commitments (up 3.8%) and revolving credit commitments (up 3.6%).


LEASE FINANCE
  • Lease finance commitments (seasonally adjusted) decreased by 5.2%. The lease finance trend series fell by 0.3%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
July 2007 11 September 2007
August 2007 15 October 2007
September 2007 12 November 2007
October 2007 12 December 2007
November 2007 21 January 2008
December 2007 13 February 2008



REVISIONS

Revisions were made to include the latest available administrative and survey data.



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.