Consumer Credit in Australia decreased to 2999.49 AUD Billion in May from 2999.74 AUD Billion in April of 2020.

Consumer Credit in Australia averaged 944.34 AUD Billion from 1976 until 2020, reaching an all time high of 2999.74 AUD Billion in April of 2020 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 July of 2020. source: Reserve Bank of Australia

Consumer Credit in Australia is expected to be 2825.00 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 3039.00 in 12 months time. In the long-term, the Australia Consumer Credit is projected to trend around 2831.00 AUD Billion in 2021 and 2902.00 AUD Billion in 2022, according to our econometric models.

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Australia Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
2999.49 2999.74 2999.74 35.83 1976 - 2020 AUD Billion Monthly
Current Prices, SA

Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 93.70 88.10 123.94 64.61 points [+]
Retail Sales MoM 16.90 -17.70 16.90 -17.70 percent [+]
Retail Sales YoY 2.30 2.40 12.70 1.90 percent [+]
Consumer Spending 265949.00 269023.00 269023.00 33846.00 AUD Million [+]
Disposable Personal Income 323419.00 319158.00 323419.00 3103.00 AUD Million [+]
Personal Savings 5.50 3.60 20.30 -1.70 percent [+]
Consumer Credit 2999.49 2999.74 2999.74 35.83 AUD Billion [+]
Private Sector Credit -0.10 0.00 3.00 -0.50 percent [+]
Gasoline Prices 0.82 0.72 1.67 0.46 USD/Liter [+]
Households Debt To GDP 119.50 119.80 121.70 34.20 percent of GDP [+]
Bank Lending Rate 7.92 7.92 20.50 7.92 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 [+]