Australia’s private sector credit rose 0.8% month-on-month in December 2025, exceeding market expectations of 0.6% and accelerating from a 0.6% growth in the previous month. The latest figure marked the highest increase since June 2022, as credit growth quickened for both housing (0.7% vs 0.6% in November) and business (1.0% vs 0.9%). At the same time, personal credit rebounded strongly (0.5% vs -0.6%). On an annual basis, private credit expanded 7.7%, up from 7.4% in the preceding two months and marking the fastest pace in five years, underscoring sustained demand for credit despite a still-restrictive interest-rate environment. source: Reserve Bank of Australia

Private Sector Credit in Australia increased to 0.80 percent in December from 0.60 percent in November of 2025. Private Sector Credit in Australia averaged 0.81 percent from 1976 until 2025, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Private Sector Credit in Australia increased to 0.80 percent in December from 0.60 percent in November of 2025. Private Sector Credit in Australia is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Private Sector Credit is projected to trend around 0.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-19 12:30 AM
Private Sector Credit MoM
Nov 0.6% 0.7% 0.2% 0.3%
2026-01-30 12:30 AM
Private Sector Credit MoM
Dec 0.8% 0.6% 0.6% 0.6%
2026-02-27 12:30 AM
Private Sector Credit MoM
Jan 0.8% 0.6%


Related Last Previous Unit Reference
Bank Lending Rate 10.01 10.01 percent Jan 2026
Consumer Credit 2487.29 2469.49 AUD Billion Dec 2025
Housing Credit MoM 0.70 0.60 percent Dec 2025
Private Sector Credit MoM 0.80 0.60 percent Dec 2025


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 securitizations.
Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.60 2.90 -0.50 1976 - 2025 percent Monthly
SA

News Stream
Australia Private Credit Growth at 5-1/2-Year High
Australia’s private sector credit rose 0.8% month-on-month in December 2025, exceeding market expectations of 0.6% and accelerating from a 0.6% growth in the previous month. The latest figure marked the highest increase since June 2022, as credit growth quickened for both housing (0.7% vs 0.6% in November) and business (1.0% vs 0.9%). At the same time, personal credit rebounded strongly (0.5% vs -0.6%). On an annual basis, private credit expanded 7.7%, up from 7.4% in the preceding two months and marking the fastest pace in five years, underscoring sustained demand for credit despite a still-restrictive interest-rate environment.
2026-01-30
Australia Private Sector Credit Growth Above Forecasts
Australia’s private sector credit rose 0.6% month-on-month in November 2025, surpassing market expectations of a 0.2% growth but easing from a 0.7% increase in the previous month. Credit growth moderated for business lending (0.7% vs 0.8% in October), while housing remained steady at 0.6%, and personal credit fell 0.5% after edging up 0.1% in October. On an annual basis, private credit increased by 7.4%, accelerating slightly from a 7.3% gain in the prior month, marking the fastest expansion since January 2023.
2025-12-19
Australia Private Sector Credit Growth Beats Estimates
Australia’s private sector credit grew 0.7% month-on-month in October 2025, surpassing both the previous month and market expectations of a 0.6% rise. Credit growth accelerated for business lending (0.8% vs 0.5% in September), remained steady for housing (at 0.6%), and eased for personal loans (0.2% vs 0.5%). On an annual basis, private credit grew by 7.3%, accelerating slightly from a downwardly revised 7.2% in the prior month, marking the fastest expansion since January 2023.
2025-11-28