Financial Aggregates July 2015

Release date: 31 August 2015
Financial Aggregates
Percentage change
Monthly Year-ended
Jun 2015 Jul 2015 Jul 2014 Jul 2015
Total credit 0.4 0.6   5.1 6.1
– Housing 0.6 0.6   6.5 7.4
– Personal 0.3 0.0   0.7 0.9
– Business 0.1 0.7   3.4 4.8
M3 0.6 0.9   7.3 6.9
Broad money 0.7 1.0   7.4 6.8

Sources: ABS; APRA; RBA

There have been a number of amendments to the data over the past year due to reclassifications by a financial institution, largely regarding housing lending.

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 other 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.