AUGUST KEY FIGURES
| | Jul 2008 | Aug 2008 | Jul 2008 to Aug 2008 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation | 12 210 | 12 028 | -1.5 |
| Personal finance | 6 408 | 6 356 | -0.8 |
| Commercial finance | 30 656 | 30 014 | -2.1 |
| Lease finance | 559 | 554 | -0.9 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation | 12 386 | 12 123 | -2.1 |
| Personal finance | 6 582 | 6 240 | -5.2 |
| Commercial finance | 32 095 | 29 571 | -7.9 |
| Lease finance | 559 | 541 | -3.2 |
|
Personal finance
| Commercial finance
|
AUGUST KEY POINTS
AUGUST 2008 COMPARED WITH JULY 2008:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions decreased both in trend terms (down 1.5%) and seasonally adjusted (down 2.1%).
PERSONAL FINANCE
- The trend series for the value of total personal finance fell 0.8%, due to a fall in both fixed lending commitments (down 1.4%) and revolving credit commitments (down 0.3%).
- The seasonally adjusted series for the value of total personal finance commitments fell 5.2%, due to a fall in both revolving credit commitments (down 7.4%) and fixed lending commitments (down 2.3%).
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments fell 2.1%. This was due to a fall in both fixed lending commitments (down 3.1%) and revolving credit commitments (down 0.4%).
- The seasonally adjusted series for the value of total commercial finance commitments fell 7.9%. This decrease was due to a fall in fixed lending commitments (down 14.6%), while revolving credit commitments rose 4.2%.
LEASE FINANCE
- Lease finance commitments (trend) fell by 0.9% and the seasonally adjusted series fell by 3.2%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
September 2008 | 12 November 2008 |
October 2008 | 15 December 2008 |
November 2008 | 19 January 2009 |
December 2008 | 16 February 2009 |
January 2009 | 16 March 2009 |
February 2009 | 14 April 2009 |
REVISIONS
Revisions were made to Personal and Commercial Finance 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.