Australia’s private sector credit rose by 0.6% month-over-month in September 2026, slightly exceeding market expectations for a 0.5% increase but matching the pace recorded in the previous two months. Housing credit growth remained steady at 0.4%, while business credit held at 0.9%, indicating stable borrowing activity across both segments. Meanwhile, other personal credit growth slowed to 0.3% from 0.7% in August, pointing to weaker momentum in household borrowing outside housing. On an annual basis, private sector credit growth held steady at 8.4%, unchanged from August, suggesting overall credit expansion remained firm. source: Reserve Bank of Australia

Private Sector Credit in Australia remained unchanged at 0.60 percent in September. Private Sector Credit in Australia averaged 0.81 percent from 1976 until 2026, reaching an all time high of 2.90 percent in July of 1986 and a record low of -0.50 percent in July of 1992. This page provides the latest reported value for - Australia Private Sector Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Private Sector Credit - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Private Sector Credit in Australia remained unchanged at 0.60 percent in September. Private Sector Credit in Australia is expected to be 0.40 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 is projected to trend around 0.40 percent in 2027 and 0.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-30 01:30 AM
Private Sector Credit MoM
Aug 0.6% 0.6% 0.5% 0.5%
2026-10-30 12:30 AM
Private Sector Credit MoM
Sep 0.6% 0.6% 0.5% 0.5%
2026-11-30 12:30 AM
Private Sector Credit MoM
Oct 0.6%


Related Last Previous Unit Reference
Bank Lending Rate 10.76 10.76 percent Sep 2026
Consumer Credit 2566.61 2573.98 AUD Billion Aug 2026
Housing Credit MoM 0.40 0.40 percent Sep 2026
Private Sector Credit MoM 0.60 0.60 percent Sep 2026


Australia Private Sector Credit
In Australia, private sector credit refers to the month-over-month change of credit extended to the economy's private sector for housing, personal and business expenditures. It includes securitizations.
Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.60 2.90 -0.50 1976 - 2026 percent Monthly
SA

News Stream
Australia Private Credit Rises 0.6% for 3rd Month
Australia’s private sector credit rose by 0.6% month-over-month in September 2026, slightly exceeding market expectations for a 0.5% increase but matching the pace recorded in the previous two months. Housing credit growth remained steady at 0.4%, while business credit held at 0.9%, indicating stable borrowing activity across both segments. Meanwhile, other personal credit growth slowed to 0.3% from 0.7% in August, pointing to weaker momentum in household borrowing outside housing. On an annual basis, private sector credit growth held steady at 8.4%, unchanged from August, suggesting overall credit expansion remained firm.
2026-10-30
Australia Private Credit Growth Steady at 0.6%
Australia’s private sector credit rose by 0.6% month-over-month in August 2026, slightly above market expectations for a 0.5% gain but the same pace as in the previous month. Housing credit, representing 62% of total private credit, increased by 0.4%, marking the softest rise since January 2025 and slowing from a 0.5% gain in July amid slower growth in investor credit (0.3% vs 0.4%), while owner-occupier credit held steady at 0.5%. Additionally, business credit, which accounts for 34% of total private credit, grew by 0.9%, the weakest growth in four months and easing from a 1% increase in July. Meanwhile, other personal credit, making up the remaining 4%, rose faster at 0.7%, following a 0.5% rise in the prior month. On an annual basis, private sector credit rose by 8.4%, matching the increase recorded in July. Annual growth in housing credit slowed to 7.3% from 7.5%, while business (10.9% vs 10.6%) and other personal credit (5.1% vs 4.8%) rose at faster pace.
2026-09-30
Australia Private Credit Growth at 5-Month Low
Australia’s private sector credit rose by 0.6% month-over-month in July 2026, marking the softest growth since February and slowing from a six-month high of 0.8% in the previous month. Housing credit, representing 62% of total private credit, increased by 0.5%, the softest rise in a year and easing from a 0.6% rise in June amid slower growth in investor credit (0.5% vs 0.8%), while owner-occupier credit held steady at 0.5%. Additionally, business credit, which accounts for 34% of total private credit, grew by 0.9%, down from 1.1% in June, while other personal credit, making up the remaining 4%, increased by 0.3%, slowing from 0.9%. On an annual basis, private sector credit grew by 8.4%, easing from an 8.6% gain in the preceding period, which was the strongest yearly expansion since October 2022. Annual growth in housing credit edged down to 7.4% from 7.5%, while business credit growth eased to 10.6% from 11% and other personal credit growth remained unchanged at 4.7%.
2026-08-31