Turf QLD Industry Alert |ABS Lending Finance, Australia, Jun 2015

ABS Lending Finance, Australia, Jun 2015 

JUNE 2015 KEY POINTS

JUNE 2015 COMPARED WITH MAY 2015:

HOUSING FINANCE FOR OWNER OCCUPATION

• The total value of owner occupied housing commitments excluding alterations and additions rose 0.1% in trend terms, and the seasonally adjusted series rose 5.5%.

PERSONAL FINANCE

• The trend series for the value of total personal finance commitments rose 0.5%. Fixed lending commitments rose 1.5%, while revolving credit commitments fell 1.2%.
• The seasonally adjusted series for the value of total personal finance commitments rose 1.0%. Fixed lending commitments rose 2.3%, while revolving credit commitments fell 0.9%.

COMMERCIAL FINANCE

• The trend series for the value of total commercial finance commitments fell 0.2%. Fixed lending commitments fell 0.4%, while revolving credit commitments rose 0.5%.
• The seasonally adjusted series for the value of total commercial finance commitments fell 1.0%. Revolving credit commitments fell 1.5% and fixed lending commitments fell 0.8%.

LEASE FINANCE 

• The trend series for the value of total lease finance commitments rose 1.0% in June 2015 and the seasonally adjusted series rose 1.6%, following a rise of 0.8% in May 2015.