The value of loans in Australia rose by 8.4% year-on-year in July 2026, easing from an 8.6% gain in the preceding period, which was the strongest yearly expansion since October 2022. Loan Growth in Australia averaged 10.19 percent from 1977 until 2026, reaching an all time high of 25.50 percent in October of 1988 and a record low of -1.80 percent in April of 1992. source: Reserve Bank of Australia
Loan Growth in Australia is expected to be 8.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Private Sector Credit Growth YoY is projected to trend around 6.50 percent in 2027 and 6.00 percent in 2028, according to our econometric models.