Private sector credit in Australia rose by 0.2 percent month-over-month in May 2019, the same pace as in the previous month and matching market estimates. A further rise in housing credit growth (0.2 percent vs 0.3 percent in April) and a small rebound in business credit (0.1 percent vs a flat reading) offset a faster drop in credit for other personal use (-0.6 percent vs -0.3 percent). Compared to the same month of the prior year, private sector credit advanced 3.6 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
2019-05-31 01:30 AM Private Sector Credit YoY Apr 3.7% 3.9% 4.1%
2019-05-31 01:30 AM Private Sector Credit MoM Apr 0.2% 0.3% 0.3% 0.4%
2019-06-28 01:30 AM Private Sector Credit YoY May 3.6% 3.7% 4.3%
2019-06-28 01:30 AM Private Sector Credit MoM May 0.2% 0.2% 0.2% 0.2%
2019-07-31 01:30 AM Private Sector Credit YoY Jun 3.6%
2019-07-31 01:30 AM Private Sector Credit MoM Jun 0.2%
2019-08-31 01:30 AM Private Sector Credit MoM Jul


Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 96.50 100.70 123.94 64.61 Index Points [+]
Retail Sales MoM 0.10 -0.10 8.10 -10.60 percent [+]
Retail Sales YoY 2.70 2.80 12.70 1.90 percent [+]
Consumer Spending 262566.00 261885.00 262566.00 33383.00 AUD Million [+]
Disposable Personal Income 309216.00 306322.00 309216.00 3106.00 AUD Million [+]
Personal Savings 2.80 2.50 20.40 -1.90 percent [+]
Consumer Credit 2828.93 2830.23 2830.23 35.83 AUD Billion [+]
Private Sector Credit 0.20 0.20 2.90 -0.50 percent [+]
Households Debt To GDP 120.30 120.70 122.00 34.20 percent of GDP [+]
Bank Lending Rate 8.55 8.66 20.50 8.10 percent [+]
Gasoline Prices 0.97 1.02 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 July of 2019.

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




Country Last Previous
Australia 0.20 May/19
Brazil 3082579.00 May/19
Canada 4412499.00 May/19
Euro Area 13622056.60 May/19
Germany 3022346.00 May/19
Mexico 4796800548.00 May/19
Netherlands 1047880.00 Mar/19
Russia 44195588.00 Apr/19
Singapore 610173.70 May/19
South Africa 7.66 May/19
Spain 1175567.00 May/19
Turkey 1988504409.00 May/19
United States 9801.37 Jun/19


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