Private sector credit in Australia rose by 0.1 percent month-over-month in June 2019, missing market consensus of 0.3 percent and remaining the weakest growth rate since June 2016. Housing credit growth was unchanged at 0.2 percent, while declines were seen in credit for both personal use (-0.2 percent vs -0.6 percent) and business (-0.1 percent vs flat reading). Through the year to June, private sector credit advanced 3.3 percent. Private Sector Credit in Australia averaged 0.86 percent from 1976 until 2019, 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
2019-06-28 01:30 AM Private Sector Credit YoY May 3.6% 3.7% 4.3%
2019-06-28 01:30 AM Private Sector Credit MoM May 0.2% 0.2% 0.2% 0.2%
2019-07-31 01:30 AM Private Sector Credit MoM Jun 0.1% 0.1% 0.3% 0.4%
2019-07-31 01:30 AM Private Sector Credit YoY Jun 3.3% 3.6% 3.9%
2019-08-30 01:30 AM Private Sector Credit MoM Jul 0.1% 0.2%
2019-08-30 01:30 AM Private Sector Credit YoY Jul 3.3% 3.5%
2019-09-28 01:30 AM Private Sector Credit YoY Aug


Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 100.00 96.50 123.94 64.61 Index Points [+]
Retail Sales MoM 0.40 0.10 8.10 -10.60 percent [+]
Retail Sales YoY 2.70 2.80 12.70 1.90 percent [+]
Consumer Spending 262566.00 261885.00 262566.00 33383.00 AUD Million [+]
Disposable Personal Income 309216.00 306322.00 309216.00 3106.00 AUD Million [+]
Personal Savings 2.80 2.60 20.40 -1.90 percent [+]
Consumer Credit 2829.93 2828.93 2830.23 35.83 AUD Billion [+]
Private Sector Credit 0.10 0.10 2.70 -0.50 percent [+]
Households Debt To GDP 120.30 120.70 122.00 34.20 percent of GDP [+]
Bank Lending Rate 8.03 8.55 20.50 8.03 percent [+]
Gasoline Prices 0.98 0.97 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.10 2.70 -0.50 1976 - 2019 percent Monthly
Current Prices, SA




Country Last Previous
Australia 0.10 Jun/19
Brazil 3105021.00 Jun/19
Canada 4429304.00 Jun/19
Euro Area 13661865.30 Jun/19
Germany 3045201.00 Jun/19
Mexico 4823549483.00 Jun/19
Netherlands 1046479.00 Jun/19
Russia 44560071.00 May/19
Singapore 613501.70 Jun/19
South Africa 6.91 Jun/19
Spain 1182137.00 Jun/19
Turkey 1984463071.00 Jun/19
United States 9828.15 Jul/19


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