Private sector credit in Australia rose by 0.3 percent month-over-month in February 2019, following a 0.2 percent growth in the previous month and matching market estimates. It marked the strongest increase in private sector credit since November last year, as housing credit grew faster (0.3 percet vs 0.2 percent in January), while business credit growth was stable (at 0.3 percent). In addition, credit for other personal use fell by 0.1 percent, much softer than a 0.7 percent decline in a month earlier. Compared to the same month of the prior year, private sector credit went up 4.2 percent. Private Sector Credit in Australia averaged 0.87 percent from 1976 until 2019, 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.

Australia Private Sector Credit
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-31 12:30 AM Private Sector Credit YoY 4.3% 4.4% 4.5%
2019-02-28 12:30 AM Private Sector Credit MoM 0.2% 0.2% 0.3% 0.3%
2019-02-28 12:30 AM Private Sector Credit YoY 4.3% 4.3% 4.2%
2019-03-29 12:30 AM Private Sector Credit MoM 0.3% 0.2% 0.3% 0.2%
2019-04-30 01:30 AM Private Sector Credit MoM 0.3%
2019-04-30 01:30 AM Private Sector Credit YoY 4.2%
2019-05-31 01:30 AM Private Sector Credit MoM


Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 100.70 98.80 123.94 64.61 Index Points [+]
Retail Sales MoM 0.80 0.10 8.10 -10.60 percent [+]
Retail Sales YoY 2.90 3.10 12.70 1.90 percent [+]
Consumer Spending 261905.00 260820.00 261905.00 33383.00 AUD Million [+]
Disposable Personal Income 306322.00 303619.00 306322.00 3106.00 AUD Million [+]
Personal Savings 2.50 2.40 20.40 -1.90 percent [+]
Consumer Credit 2824.75 2811.01 2824.75 35.83 AUD Billion [+]
Private Sector Credit 0.30 0.20 2.90 -0.50 percent [+]
Households Debt To GDP 120.50 121.30 122.50 34.20 percent of GDP [+]
Bank Lending Rate 8.66 8.66 20.50 8.10 percent [+]
Gasoline Prices 1.02 0.98 1.67 0.46 USD/Liter [+]
Consumer Confidence Current Conditions 102.19 99.24 131.41 70.47 [+]
Consumer Confidence Economic Expectations 92.87 94.23 127.29 59.25 [+]
Consumer Confidence Financial Expectations 98.41 102.77 124.40 79.00 [+]
Consumer Confidence Major Purchases Expectations 122.03 117.09 154.86 71.04 [+]


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 securitisations. 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 - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.20 2.90 -0.50 1976 - 2019 percent Monthly
Current Prices, SA




Country Last Previous
Australia 0.30 Feb/19
Brazil 3032632.00 Feb/19
Canada 4348747.00 Feb/19
Euro Area 13471492.40 Feb/19
Germany 2981648.00 Feb/19
Mexico 4658626485.00 Feb/19
Netherlands 1027109.00 Dec/18
Russia 43068433.00 Jan/19
Singapore 602884.20 Feb/19
South Africa 6.03 Feb/19
Spain 1165885.00 Feb/19
Turkey 1907527803.00 Feb/19
United States 9709.77 Mar/19


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