Consumer Credit in Australia increased to 2975.55 AUD Billion in August from 2973.56 AUD Billion in July of 2020. source: Reserve Bank of Australia

Consumer Credit in Australia averaged 955.95 AUD Billion from 1976 until 2020, reaching an all time high of 2999.49 AUD Billion in May 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 October of 2020.

Consumer Credit in Australia is expected to be 2935.86 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 3146.00 in 12 months time. In the long-term, the Australia Consumer Credit is projected to trend around 3006.32 AUD Billion in 2021 and 2928.00 AUD Billion in 2022, according to our econometric models.

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Australia Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
2975.55 2973.56 2999.49 35.83 1976 - 2020 AUD Billion Monthly
Current Prices, SA

Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 105.00 93.80 123.94 64.61 points [+]
Retail Sales MoM -4.00 3.20 16.90 -17.70 percent [+]
Retail Sales YoY 2.30 2.40 12.70 1.90 percent [+]
Consumer Spending 233518.00 265742.00 269010.00 33846.00 AUD Million [+]
Disposable Personal Income 331505.00 323419.00 331505.00 3103.00 AUD Million [+]
Personal Savings 19.80 6.00 20.30 -1.70 percent [+]
Consumer Credit 2975.55 2973.56 2999.49 35.83 AUD Billion [+]
Private Sector Credit 0.00 -0.10 2.90 -0.50 percent [+]
Gasoline Prices 0.82 0.91 1.67 0.46 USD/Liter [+]
Households Debt To GDP 119.40 119.50 123.60 34.20 percent of GDP [+]
Bank Lending Rate 6.51 6.57 21.05 6.51 percent [+]
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 [+]