Financial Aggregates January 2023
| Monthly | Year-ended | ||||
|---|---|---|---|---|---|
| December 2022 | January 2023 | January 2022 | January 2023 | ||
| Total credit | 0.3 | 0.4 | 7.6 | 8.0 | |
| – Housing | 0.3 | 0.3 | 7.7 | 6.1 | |
| – Personal | −0.5 | 0.1 | −3.6 | 0.5 | |
| – Business | 0.3 | 0.5 | 9.1 | 12.5 | |
| Broad money | 0.8 | 0.7 | 8.9 | 7.3 | |
|
Sources: ABS; APRA; RBA |
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All growth rates for the financial aggregates are seasonally adjusted, and adjusted for the effects of breaks in the series. Data for the levels of financial aggregates are not adjusted for series breaks, and growth rates should not be calculated from data on the levels of credit. 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.
Since the July 2019 release, the financial aggregates have incorporated an improved conceptual framework and a new data collection. This is referred to as the Economic and Financial Statistics (EFS) collection. For more information, see Updates to Australia’s Financial Aggregates and the July 2019 Financial Aggregates.