LENDING FINANCE COMMITMENTS
- In original terms commercial finance lending commitments decreased in value by more than 4% in the month of April 2009. This followed an increase in March of almost 35%, mainly attributable to the sharp rise in fixed loans (45%). These have fallen a little in April 2009 as did the value of revolving credit for commercial purposes.
- The value of personal finance commitments decreased by nearly 10% in the month of April 2009 after a small rise (almost 4%) in the month of March, with fixed loans (up 15%) as the main contributor to the increase.
3 Lending Finance Commitments: Original |
|
| | COMMERCIAL FINANCE
|
| | Fixed
loans(a) | Revolving
credit(b) | Total |
Reference period | $m | $m | $m |
|
2006-2007 | 23 634.6 | 13 340.5 | 36 975.1 |
2007-2008 | 28 782.8 | 11 379.3 | 40 891.1 |
2008 | | | |
| February | 1 770.2 | 1 000.9 | 2 771.1 |
| March | 2 319.6 | 908.5 | 3 228.0 |
| April | 2 492.7 | 837.1 | 3 329.8 |
| May | 2 307.3 | 815.3 | 3 122.7 |
| June | 2 397.4 | 873.5 | 3 270.9 |
| July | 1 975.9 | 1 337.0 | 3 312.9 |
| August | 1 959.8 | 1 272.7 | 3 232.5 |
| September | 1 989.7 | 896.4 | 2 886.1 |
| October | 2 140.4 | 719.6 | 2 859.9 |
| November | 1 610.7 | 783.5 | 2 394.2 |
| December | 1 722.0 | 1 234.8 | 2 956.8 |
2009 | | | |
| January | 1 468.6 | 991.4 | 2 459.9 |
| February | 1 274.6 | 731.8 | 2 006.5 |
| March | 1 847.8 | 855.5 | 2 703.4 |
| April | 1 648.6 | 666.3 | 2 314.9 |
|
(a) Includes refinancing. |
(b) New and increased credit limits during the period. Includes credit cards. |
Source: Lending Finance, Australia, cat. no. 5671.0. |
4 Lending Finance Commitments: Original |
|
| | PERSONAL FINANCE
|
| | Fixed
loans(a) | Revolving
credit(b) | Total |
Reference period | $m | $m | $m |
|
2006-2007 | 6 768.2 | 6 257.2 | 13 025.4 |
2007-2008 | 6 251.9 | 6 524.9 | 12 776.8 |
2008 | | | |
| February | 506.3 | 539.1 | 1 045.4 |
| March | 459.9 | 520.6 | 980.5 |
| April | 501.9 | 537.8 | 1 039.6 |
| May | 482.9 | 564.5 | 1 047.3 |
| June | 548.6 | 542.0 | 1 090.5 |
| July | 485.5 | 626.7 | 1 112.1 |
| August | 425.4 | 449.7 | 875.1 |
| September | 459.5 | 481.6 | 941.1 |
| October | 447.7 | 549.3 | 996.9 |
| November | 350.7 | 446.8 | 797.5 |
| December | 424.9 | 490.1 | 915.1 |
2009 | | | |
| January | 401.8 | 455.1 | 856.9 |
| February | 442.6 | 461.6 | 904.2 |
| March | 510.0 | 429.4 | 939.4 |
| April | 460.6 | 386.6 | 847.2 |
|
(a) Includes refinancing. |
(b) New and increased credit limits during the period. Includes credit cards. |
Source: Lending Finance, Australia, cat. no. 5671.0. |
To view Excel spreadsheet:
Lending Finance Commitments