Private sector credit in Australia rose by 0.2 percent month-over-month in December 2018, slowing from a 0.3 percent gain in the previous month and below market consensus of 0.3 percent. It marked the weakest growth in private sector credit since May, amid a slowdown in business credit growth (0.3 percent vs 0.5 percent in November). In addition, credit for other personal use declined at a faster rate (-0.4 percent vs -0.3 percent). At the same time, housing credit grew by 0.3 percent, the same as in a month earlier. Compared to the same month of the prior year, private sector credit went up 4.3 percent. Private Sector Credit in Australia averaged 0.87 percent from 1976 until 2018, reaching an all time high of 2.90 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
2018-12-31 12:30 AM Private Sector Credit MoM 0.3% 0.4% 0.4%
2018-12-31 12:30 AM Private Sector Credit YoY 4.4% 4.6%
2019-01-31 12:30 AM Private Sector Credit YoY 4.3% 4.4% 4.5%
2019-01-31 12:30 AM Private Sector Credit MoM 0.2% 0.3% 0.3% 0.4%
2019-02-28 12:30 AM Private Sector Credit YoY 4.3%
2019-02-28 12:30 AM Private Sector Credit MoM 0.2%
2019-03-29 12:30 AM Private Sector Credit YoY


Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 103.80 99.60 123.94 64.61 Index Points [+]
Retail Sales MoM -0.40 0.50 8.10 -10.60 percent [+]
Retail Sales YoY 3.20 3.40 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 2802.59 2799.32 2802.59 35.83 AUD Billion [+]
Private Sector Credit 0.20 0.30 2.90 -0.50 percent [+]
Households Debt To GDP 121.30 122.20 122.50 34.20 percent of GDP [+]
Bank Lending Rate 8.66 8.65 20.50 8.10 percent [+]
Gasoline Prices 0.94 0.89 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.30 2.90 -0.50 1976 - 2018 percent Monthly
Current Prices, SA




Country Last Previous
Australia 0.20 Dec/18
Brazil 3042118.00 Dec/18
Canada 4336073.00 Dec/18
Euro Area 13372817.30 Dec/18
Germany 2960850.00 Dec/18
Mexico 4638898240.00 Dec/18
Netherlands 1027109.00 Dec/18
Russia 42281884.00 Dec/18
Singapore 598743.60 Dec/18
South Africa 5.10 Dec/18
Spain 1174197.00 Dec/18
Turkey 1890474377.00 Dec/18
United States 9630.97 Jan/19


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