Consumer Credit in Australia decreased to 2999.49 AUD Billion in May from 2999.74 AUD Billion in April of 2020.
Consumer Credit in Australia averaged 944.34 AUD Billion from 1976 until 2020, reaching an all time high of 2999.74 AUD Billion in April of 2020 and a record low of 35.83 AUD Billion in September of 1976. This page provides the latest reported value for - Australia Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Consumer Credit - values, historical data and charts - was last updated on July of 2020. source: Reserve Bank of Australia
Consumer Credit in Australia is expected to be 2825.00 AUD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Australia to stand at 3039.00 in 12 months time. In the long-term, the Australia Consumer Credit is projected to trend around 2831.00 AUD Billion in 2021 and 2902.00 AUD Billion in 2022, according to our econometric models.