OCTOBER KEY FIGURES
| | Sep 2012 | Oct 2012 | Sep 2012 to Oct 2012 |
| | $m | $m | % change |
|
TREND ESTIMATES | | | |
| Housing finance for owner occupation(a) | 13 778 | 13 842 | 0.5 |
| Personal finance | 7 373 | 7 358 | -0.2 |
| Commercial finance | 29 696 | 29 751 | 0.2 |
| Lease finance | 554 | 553 | -0.3 |
SEASONALLY ADJUSTED ESTIMATES | | | |
| Housing finance for owner occupation(a) | 13 885 | 13 863 | -0.2 |
| Personal finance | 7 409 | 7 343 | -0.9 |
| Commercial finance | 30 235 | 31 699 | 4.8 |
| Lease finance | 580 | 543 | -6.3 |
|
(a) Excludes alterations and additions |
Personal Finance
| Commercial Finance
|
OCTOBER KEY POINTS
OCTOBER 2012 COMPARED WITH SEPTEMBER 2012:
HOUSING FINANCE FOR OWNER OCCUPATION
- The total value of owner occupied housing commitments excluding alterations and additions rose 0.5% in trend terms, while the seasonally adjusted series fell 0.2%.
PERSONAL FINANCE
- The trend series for the value of total personal finance commitments fell 0.2%. Revolving credit commitments fell 1.1%, while fixed lending commitments rose 0.5%.
- The seasonally adjusted series for the value of total personal finance commitments fell 0.9%. Fixed lending commitments fell 0.9% and revolving credit commitments fell 0.8%.
COMMERCIAL FINANCE
- The trend series for the value of total commercial finance commitments rose 0.2%. Fixed lending commitments rose 0.7%, while revolving credit commitments fell 1.2%.
- The seasonally adjusted series for the value of total commercial finance commitments rose 4.8% in October 2012, following a rise of 8.8% in September 2012. Fixed lending commitments rose 7.0%, following a rise of 7.0% in the previous month. Revolving credit commitments fell 0.8%, after a rise of 13.7% in the previous month.
LEASE FINANCE
- The trend series for the value of total lease finance commitments fell 0.3% and the seasonally adjusted series fell 6.3%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
November 2012 | 16 January 2013 |
December 2012 | 13 February 2013 |
January 2013 | 18 March 2013 |
February 2013 | 16 April 2013 |
March 2013 | 14 May 2013 |
April 2013 | 12 June 2013 |
CHANGES IN THE FORTHCOMING ISSUE - SEASONAL FACTORS
Seasonally adjusted and trend estimates for lending finance will be revised in the November 2012 issue as a result of the biennial reanalysis which takes account of additional data that have become available since the previous reanalysis. This reanalysis reviews the seasonal and trading day factors in more detail than is possible in the monthly processing cycle and assesses the appropriateness of any prior corrections.
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 September 2012
- Commercial finance values for September 2012
- Lease finance values for September 2012.
Seasonally adjusted and trend series have been 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
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tavish Shrestha on Sydney (02) 9268 4615.