Private sector credit in Australia rose by 0.4 percent month-over-month in October of 2018 for the second straight month matching market expectations. Credit growth remained at 0.6 percent for business and at 0.3 percent for housing. Meanwhile, credit for other personal use declined by 0.2 percent, compared to a 0.1 percent drop in September. Compared to the same month of the prior year, private sector credit went up 4.6 percent, in line with market consensus. Private Sector Credit in Australia averaged 0.87 percent from 1976 until 2018, reaching an all time high of 2.70 percent in July of 1986 and a record low of -0.50 percent in July of 1992.

Australia Private Sector Credit
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-31 12:30 AM Private Sector Credit MoM 0.4% 0.5% 0.4% 0.4%
2018-10-31 12:30 AM Private Sector Credit YoY 4.6% 4.5%
2018-11-30 12:30 AM Private Sector Credit YoY 4.6% 4.6%
2018-11-30 12:30 AM Private Sector Credit MoM 0.4% 0.4% 0.4% 0.4%
2018-12-28 12:30 AM Private Sector Credit MoM 0.4% 0.42%
2018-12-28 12:30 AM Private Sector Credit YoY 4.6%
2019-01-31 12:30 AM Private Sector Credit MoM 0.42%


Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 104.40 104.30 123.94 64.61 Index Points [+]
Retail Sales MoM 0.30 0.10 8.10 -10.60 percent [+]
Retail Sales YoY 3.50 3.50 12.70 1.90 percent [+]
Consumer Spending 260656.00 259955.00 260656.00 33383.00 AUD Million [+]
Disposable Personal Income 303619.00 302682.00 303619.00 3106.00 AUD Million [+]
Personal Savings 2.40 2.80 20.40 -1.90 percent [+]
Consumer Credit 2790.70 2783.41 2790.70 35.83 AUD Billion [+]
Private Sector Credit 0.40 0.40 2.70 -0.50 percent [+]
Households Debt To GDP 122.20 121.70 122.50 34.20 percent of GDP [+]
Bank Lending Rate 8.65 8.65 20.50 8.10 percent [+]
Gasoline Prices 0.99 1.14 1.67 0.46 USD/Liter [+]
Consumer Confidence Current Conditions 102.19 99.24 131.41 70.47 [+]
Consumer Confidence Economic Expectations 92.87 94.23 127.29 59.25 [+]
Consumer Confidence Financial Expectations 98.41 102.77 124.40 79.00 [+]
Consumer Confidence Major Purchases Expectations 122.03 117.09 154.86 71.04 [+]


Australia Private Sector Credit

In Australia, private sector credit refers to the month-over-month change of credit extended to the economy's private sector for housing, personal and business expenditures. It includes securitisations. This page provides the latest reported value for - Australia Private Sector Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Private Sector Credit - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 2.70 -0.50 1976 - 2018 percent Monthly
Current Prices, SA




Country Last Previous
Australia 0.40 Oct/18
Brazil 2947201.00 Oct/18
Canada 4296739.00 Oct/18
Euro Area 13381018.60 Oct/18
Germany 2946631.00 Oct/18
Mexico 4581943809.00 Oct/18
Netherlands 1041162.00 Sep/18
Russia 41212390.00 Oct/18
Singapore 597746.40 Oct/18
South Africa 5.82 Oct/18
Spain 1184092.00 Oct/18
Turkey 1961712551.00 Oct/18
United States 9493.05 Nov/18


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