HOUSING FINANCE FOR OWNER OCCUPATION The total value of owner occupied housing commitments excluding alterations and additions fell 1.0% in trend terms and the seasonally adjusted series fell 1.4%. PERSONAL FINANCE The trend series for the value of total personal finance commitments fell 0.5% in November 2018 compared with October 2018. Fixed lending commitments fell 0.7 The seasonally adjusted series for the value of total personal finance commitments fell 1.7%. Fixed lending commitments fell 2.5% and revolving credit commitments fell 0.1%. COMMERCIAL FINANCE The trend series for the value of total commercial finance commitments rose 0.5% in November 2018 compared with October 2018. Revolving credit commitments rose 1.0% and fixed lending commitments rose 0.4%. The seasonally adjusted series for the value of total commercial finance commitments fell 0.2% in November 2018, following a fall of 2.8% in October 2018. Fixed lending commitments fell 7.3%, after a rise of 2.2% in the previous month. Revolving credit commitments rose 27.0%, after a fall of 18.1% in the previous month. The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 1.1% in November 2018 and the seasonally adjusted series fell 3.3%. LEASE FINANCE The trend series for the value of total lease finance commitments fell 1.9% in November 2018 and the seasonally adjusted series fell 2.0%, after a rise of 2.0% in October 2018. Sources: Australian Bureau Of Statistics |