Australia’s private sector credit growth dipped marginally to 8.0% year-over-year in April 2026 from 8.1% the month before, according to a delayed report from the Reserve Bank of Australia. Still, the data continued to signal resilience in private credit despite higher interest rates and economic uncertainty. source: Reserve Bank of Australia
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. This page includes a chart with historical data for Australia Private Sector Credit Growth YoY. Australia Private Sector Credit Growth YoY - values, historical data and charts - was last updated on June of 2026.
Loan Growth in Australia is expected to be 8.00 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 7.50 percent in 2027 and 6.70 percent in 2028, according to our econometric models.