Financial Aggregates June 2004

Release date: 30 July 2004

Total credit provided to the private sector by financial intermediaries rose by 1.0 per cent over June 2004, following a rise of 1.3 per cent over May. Over the year to June, total credit rose by 15.5 per cent.

M3 increased by 2.0 per cent and broad money rose by 1.9 per cent over June. Over the year to June, M3 increased by 11.8 per cent and broad money rose by 11.1 per cent.

Historical levels and growth rates for the financial aggregates have been revised owing to the resubmission of data by some financial intermediaries.

All growth rates for the financial aggregates are seasonally adjusted, and adjusted for the effects of breaks in the series as recorded in the footnotes to tables. Figures showing the levels of financial aggregates are not adjusted for series breaks.

Enquiries

Media Office
Information Department
Reserve Bank of Australia
SYDNEY

Phone: +61 2 9551 9720
Fax: +61 2 9551 8033
E-mail: rbainfo@rba.gov.au