In Business

Australian Bureau Of Statistics

The Australian Bureau Of Statistics has released housing commitments statistics for June 2010.

JUNE KEY POINTS

Victor P Taffa

 

 

JUNE 2010 COMPARED WITH MAY 2010:

HOUSING FINANCE FOR OWNER OCCUPATION

  • The total value of owner occupied housing commitments excluding alterations and additions decreased 0.7% in trend terms and the seasonally adjusted series decreased 1.0%.

PERSONAL FINANCE

  • The trend series for the value of total personal finance commitments decreased 0.1%. Revolving credit commitments fell 0.8%, while fixed lending commitments rose 0.8%.
  • The seasonally adjusted series for the value of total personal finance commitments increased 1.2%. Fixed lending commitments rose 3.7%, while revolving credit commitments fell 1.1%.

COMMERCIAL FINANCE

  • The trend series for the value of total commercial finance commitments decreased 0.3%. Fixed lending commitments fell 0.7%, while revolving credit commitments rose 0.7%.
  • The seasonally adjusted series for the value of total commercial finance commitments decreased 8.9%. Revolving credit commitments fell 10.6% and fixed lending commitments fell 8.1%.

LEASE FINANCE

  • The trend series for the value of total lease finance commitments was flat (0.0%) while the seasonally adjusted series fell 6.0%.

JUNE KEY FIGURES

May 2010

Jun 2010

May 2010 to Jun 2010

$m

$m

% change


TREND ESTIMATES
Housing finance for owner occupation(a)

13, 301

13, 214

-0.7

Personal finance

6, 832

6, 829

-0.1

Commercial finance

29, 396

29, 301

-0.3

Lease finance

376

376

0.0

SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation(a)

13, 522

13, 386

-1.0

Personal finance

6, 814

6, 896

1.2

Commercial finance

30, 153

27, 482

-8.9

Lease finance

397

373

-6.0


(a) Excludes alterations and additions
0

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