Financial Aggregates June 2019

Release date: 31 July 2019

The table below presents a summary of the latest financial aggregates statistics.

Financial Aggregates
Percentage change
Monthly Year-ended
May 2019 June 2019 June 2018 June 2019
Total credit 0.1 0.1   4.4 3.3
– Housing 0.2 0.2   5.6 3.5
– Personal −0.6 −0.2   −1.3 −3.5
– Business 0.0 −0.1   3.2 4.0
Broad money 0.3 0.1   1.9 4.0

Sources: ABS; APRA; RBA

All growth rates for the financial aggregates are seasonally adjusted, and adjusted for the effects of breaks in the series as recorded in the notes to the tables listed below. Data for the levels of financial aggregates are not adjusted for series breaks. Historical levels and growth rates for the financial aggregates have been revised owing to the resubmission of data by some financial intermediaries, the re-estimation of seasonal factors and the incorporation of securitisation data. The RBA credit aggregates measure credit provided by financial institutions operating domestically. They do not capture cross-border or non-intermediated lending.

The RBA will publish the financial aggregates from August 2019 using an improved conceptual framework and a new data collection. The changes are likely to result in revisions, some of which may be significant. There will also be changes to the series published in Table D3 (Monetary Aggregates) as a result of changes to the conceptual framework.

For further information about the upcoming changes and the new data collection, please see Updates to Australia's Financial Aggregates.