Consumer Credit in Australia increased to 2925.66 AUD Billion in November from 2915.94 AUD Billion in October of 2019. Consumer Credit in Australia averaged 920.88 AUD Billion from 1976 until 2019, reaching an all time high of 2925.66 AUD Billion in November of 2019 and a record low of 35.83 AUD Billion in September of 1976. source: Reserve Bank of Australia

Consumer Credit in Australia is expected to be 2861.00 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 2996.00 in 12 months time. In the long-term, the Australia Consumer Credit is projected to trend around 3148.00 AUD Billion in 2020, according to our econometric models.

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Australia Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
2925.66 2915.94 2925.66 35.83 1976 - 2019 AUD Billion Monthly
Current Prices, SA
Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 95.10 97.00 123.94 64.61 points [+]
Retail Sales MoM 0.90 0.10 8.10 -10.60 percent [+]
Retail Sales YoY 2.90 2.70 12.70 1.90 percent [+]
Consumer Spending 267716.00 267420.00 267716.00 33846.00 AUD Million [+]
Disposable Personal Income 320300.00 310782.00 320300.00 3103.00 AUD Million [+]
Personal Savings 4.80 2.30 20.40 -1.90 percent [+]
Consumer Credit 2925.66 2915.94 2925.66 35.83 AUD Billion [+]
Private Sector Credit 0.10 0.10 2.90 -0.50 percent [+]
Gasoline Prices 1.02 1.04 1.67 0.46 USD/Liter [+]
Households Debt To GDP 119.30 119.40 122.00 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 [+]