• Summary
• Downloads
• Explanatory Notes
• Related Information
• Past Releases

The lending activities of financial institutions are grouped for statistical purposes into four major types of lending - housing, personal, commercial and leasing. Information regarding housing finance is presented in Chapter 8 Housing. Table 26.26 shows the size of commitments by financial institutions for the four types of lending. It should be noted that, although commitments are firm offers of finance made by institutions that have been accepted by borrowers, not all commitments are taken up by borrowers.

26.26 FINANCIAL INSTITUTIONS, Lending commitments
	2001-02	2002-03	2003-04
Type of lending activity	$m	$m	$m
Housing finance	96,482	106,699	124,033
Personal finance	58,137	68,813	79,588
Commercial finance	207,012	261,405	289,198
Lease finance	6,626	6,312	6,371
Total	365,718	468,584	549,937
Source: Lending Finance, Australia (5671.0).

26.27 LEASE FINANCE COMMITMENTS, By type of lessor
	2001-02	2002-03	2003-04
	$m	$m	$m
All banks	1,906	1,976	1,957
Finance companies	1,813	1,251	1,319
General financiers	1,636	1,706	1,962
Other(a)	1,271	1,379	1,132
Total	6,626	6,312	6,371
(a) Includes money market corporations. Source: Lending Finance, Australia (5671.0).

26.28 LEASE FINANCE COMMITMENTS, By type of good leased
	2001-02	2002-03	2003-04
	$m	$m	$m
Motor vehicles and other transport equipment	2,856	2,905	3,106
Construction and earth moving equipment	231	313	294
Agricultural machinery and equipment	220	174	174
Automatic data processing equipment and office machinery	2,122	1,956	1,866
Shop and office furniture, fittings and equipment	340	164	196
Other goods	857	801	735
Total	6,626	6,312	6,371
Source: Lending Finance, Australia (5671.0).

26.29 PERSONAL FINANCE NEW AND INCREASED COMMITMENTS, By type of lender(a)
	2001-02	2002-03	2003-04
	$m	$m	$m
All banks	43,721	52,926	62,558
Finance companies	7,885	9,230	10,902
Credit cooperatives	3,325	3,496	3,318
Other lenders(b)	3,207	3,159	2,809
Total	58,137	68,813	79,588
(a) Includes both fixed loan facilities and new and increased lending commitments under revolving credit facilities. (b) Includes permanent building societies, general financiers and retailers. Source: Lending Finance, Australia (5671.0).

26.30 PERSONAL FINANCE COMMITMENTS, By type of facility
		2001-02	2002-03	2003-04
		$m	$m	$m
Personal finance new and increased commitments		58,137	68,813	79,588
	Fixed loan commitments	25,620	30,442	33,885
	New and increased credit limits	32,517	38,371	45,703
Cancellations and reductions in credit limits		14,960	13,253	16,768
Credit limits at 30 June
	Total	129,615	153,382	186,206
	Used	61,000	75,074	90,527
Source: Lending Finance, Australia (5671.0).

26.31 COMMERCIAL FINANCE NEW AND INCREASED COMMITMENTS(a)
	2001-02	2002-03	2003-04
	$m	$m	$m
All banks	171,023	227,709	242,851
Finance companies	6,938	6,193	6,028
Money market corporations	12,140	5,776	8,793
Other lenders(b)	16,911	21,728	31,527
Total	207,012	261,406	289,198
(a) Includes both fixed loan facilities and new and increased lending commitments under revolving credit facilities. (b) Includes permanent building societies, general financiers and pastoral finance companies. Source: Lending Finance, Australia (5671.0).

26.32 FIXED COMMERCIAL FINANCE NEW COMMITMENTS
	2001-02	2002-03	2003-04
Purpose	$m	$m	$m
Construction	9,844	18,561	15,697
Purchase of real property(a)	53,399	69,829	83,138
Purchase of plant and equipment	13,571	12,739	12,613
Re-financing	11,765	12,369	16,067
Other purposes	41,828	55,291	64,315
Total	130,408	168,789	191,830
(a) Purchase of real property includes those finance commitments to individuals for the purchase of dwellings for rental or resale. Source: Lending Finance, Australia (5671.0).