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  • Economic Calendar Terms

    Housing Finance

    Australian Statistician
    Locked Bag 10
    Belconnen ACT 2616
    61–2–9268–4909

    The commitments are for the construction or purchase of owner-occupied dwellings. A lending commitment is a firm offer of housing finance. It either has been, or is normally expected to be, accepted. Included are commitments to provide housing finance to employees and commitments accepted and cancelled in the same month. Dwelling units refers to the number of houses and other dwellings for which commitments have been made, either on the security of first mortgage or on contract of sale.

    SCOPE: The scope of the survey comprises the following types of lenders: banks, permanent building societies, credit unions/co-operative credit societies, life or general insurance companies, general government enterprises, superannuation funds, organisations raising funds through the secondary mortgage market for approved home buyers under State government housing schemes, other financial corporations registered under the Financial Corporations Act 1974 and other providers of consumer finance registered with State credit tribunals, including mortgage managers.