Private sector credit in Australia rose by 0.2 percent month-over-month in July 2019, after a 0.1 percent increase in the previous month and matching market consensus. Housing credit advanced 0.3 percent, following a 0.2 percent gain in June and credit for business went up 0.2 percent, after a flat reading. On the other hand, credit for personal use declined further (-0.4 percent vs -0.3 percent). Through the year to July, private sector credit increased 3.1 percent. Private Sector Credit in Australia averaged 0.86 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
2019-07-31 01:30 AM Private Sector Credit MoM Jun 0.1% 0.1% 0.3% 0.4%
2019-07-31 01:30 AM Private Sector Credit YoY Jun 3.3% 3.6% 3.9%
2019-08-30 01:30 AM Private Sector Credit YoY Jul 3.1% 3.3% 3.5%
2019-08-30 01:30 AM Private Sector Credit MoM Jul 0.2% 0.1% 0.2% 0.2%
2019-09-30 01:30 AM Private Sector Credit YoY Aug 3.1% 3.3%
2019-09-30 01:30 AM Private Sector Credit MoM Aug 0.2% 0.3%
2019-10-31 12:30 AM Private Sector Credit YoY Sep


Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 98.20 100.00 123.94 64.61 Index Points [+]
Retail Sales MoM -0.10 0.40 8.10 -10.60 percent [+]
Retail Sales YoY 2.40 2.60 12.70 1.90 percent [+]
Consumer Spending 263544.00 262570.00 263544.00 33383.00 AUD Million [+]
Disposable Personal Income 310782.00 309948.00 310782.00 3103.00 AUD Million [+]
Personal Savings 2.30 3.00 20.40 -1.90 percent [+]
Consumer Credit 2899.68 2829.93 2899.68 35.83 AUD Billion [+]
Private Sector Credit 0.20 0.10 2.90 -0.50 percent [+]
Households Debt To GDP 120.30 120.70 122.00 34.20 percent of GDP [+]
Bank Lending Rate 8.03 8.03 20.50 8.03 percent [+]
Gasoline Prices 0.96 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.10 2.90 -0.50 1976 - 2019 percent Monthly
Current Prices, SA




Country Last Previous
Australia 0.20 Jul/19
Brazil 3101003.00 Jul/19
Canada 4450006.00 Jul/19
Euro Area 13710938.60 Jul/19
Germany 3051501.00 Jul/19
Mexico 4816533021.00 Jul/19
Netherlands 1046479.00 Jun/19
Russia 45253587.00 Jul/19
Singapore 606359.50 Jul/19
South Africa 7.19 Jul/19
Spain 1172632.00 Jul/19
Turkey 1960372690.00 Jul/19
United States 9867.74 Aug/19


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