Financial AggregatesDecember 2015

Release date: 29 January 2016
Financial Aggregates
Percentage change
  Monthly   Year-ended
  Nov 2015 Dec 2015   Dec 2014 Dec 2015
Total credit 0.4 0.5   5.8 6.6
– Housing 0.6 0.5   7.0 7.5
– Personal -0.1 0.0   0.9 0.0
– Business 0.0 0.5   4.7 6.3
M3 0.7 0.0   7.4 6.0
Broad money 0.7 0.0   7.5 6.1

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.