Consumer Credit in Australia increased to 3015.43 AUD Billion in February from 3009.84 AUD Billion in January of 2021. source: Reserve Bank of Australia

Consumer Credit in Australia averaged 978.84 AUD Billion from 1976 until 2021, reaching an all time high of 3015.43 AUD Billion in February of 2021 and a record low of 35.83 AUD Billion in September of 1976. This page provides the latest reported value for - Australia Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Consumer Credit - values, historical data and charts - was last updated on April of 2021.

Consumer Credit in Australia is expected to be 2987.00 AUD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Australia to stand at 3114.00 in 12 months time. In the long-term, the Australia Consumer Credit is projected to trend around 3207.00 AUD Billion in 2022 and 3303.00 AUD Billion in 2023, according to our econometric models.

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Australia Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
3015.43 3009.84 3015.43 35.83 1976 - 2021 AUD Billion Monthly
Current Prices, SA

Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 118.80 111.80 123.94 64.61 points [+]
Retail Sales MoM -0.80 0.30 16.90 -17.70 percent [+]
Retail Sales YoY 9.10 10.60 14.10 -9.10 percent [+]
Consumer Spending 264679.00 253884.00 272137.00 34433.00 AUD Million [+]
Disposable Personal Income 338128.00 348864.00 348864.00 3103.00 AUD Million [+]
Personal Savings 12.00 18.70 22.00 -1.70 percent [+]
Consumer Credit 3015.43 3009.84 3015.43 35.83 AUD Billion [+]
Private Sector Credit 0.20 0.20 2.90 -0.50 percent [+]
Gasoline Prices 1.04 1.03 1.67 0.46 USD/Liter [+]
Households Debt To GDP 122.60 121.00 124.10 34.20 percent of GDP [+]
Bank Lending Rate 6.51 6.51 21.05 6.51 percent [+]
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 [+]