Australia Consumer Credit - Forecast

Consumer Credit in Australia is expected to be 2768.74 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 2846.48 in 12 months time. In the long-term, the Australia Consumer Credit is projected to trend around 3072.94 AUD Billion in 2020, according to our econometric models.


Forecast Data Chart
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Australia Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence 100 101 104 99 105 104
Retail Sales MoM 0 0.31 0.29 0.29 0.29 0.29
Retail Sales YoY 3.2 3.56 2.3 3.71 3.77 2.6
Consumer Spending 258440 255947 262252 262661 264384 275259
Disposable Personal Income 298813 301173 302807 304614 306406 323574
Personal Savings 1 1.53 1.44 1.56 1.64 1.56
Consumer Credit 2751 2769 2795 2821 2846 3073
Private Sector Credit 0.4 0.36 0.35 0.35 0.35 0.35
Households Debt To Gdp 122 122 122 122 122 123
Bank Lending Rate 8.65 8.65 8.65 8.65 8.65 9.15
Gasoline Prices 1.07 1.09 1.03 0.97 0.92 0.73
Consumer Confidence Current Conditions 102 101 101 101 101 101
Consumer Confidence Economic Expectations 92.87 94.06 94.06 94.06 94.06 94.06
Consumer Confidence Financial Expectations 98.41 102 102 102 102 102
Consumer Confidence Major Purchases Expectations 122 120 120 120 120 120