Australia Consumer Credit  Forecast


Australia Consumer Credit
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Consumer Credit in Australia is expected to be 2720.79 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 2798.98 in 12 months time. In the long-term, the Australia Consumer Credit is projected to trend around 2925.29 AUD Billion in 2020, according to our econometric models.


Australia Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence 105 96.8 97.4 98 99 104
Retail Sales MoM 1.2 0.43 0.47 0.48 0.48 0.48
Retail Sales YoY 1.7 3.3 3.91 4 5.3 3.6
Consumer Spending 250770 253136 253760 254299 254759 256596
Disposable Personal Income 291915 294964 295912 296283 296766 297961
Personal Savings 3.2 3.9 4.04 4.13 4.22 4.83
Consumer Credit 2680 2749 2775 2799 2821 2925
Private Sector Credit 0.5 0.6 0.64 0.68 0.71 0.81
Households Debt To Gdp 122 121 120 120 120 119
Bank Lending Rate 8.65 8.65 8.65 8.65 8.65 11
Gasoline Prices 1.05 1.03 1.02 0.8 0.8 0.93
Consumer Confidence Current Conditions 102 104 105 105 106 107
Consumer Confidence Economic Expectations 92.87 94.72 95.13 95.43 95.64 96.17
Consumer Confidence Financial Expectations 98.41 104 105 106 106 107
Consumer Confidence Major Purchases Expectations 122 124 124 125 125 127