Financial Aggregates February 2019

Financial Aggregates
Percentage change
Monthly Year-ended
January 2019 February 2019 February 2018 February 2019
Total credit 0.2 0.3   4.9 4.2
– Housing 0.2 0.3   6.2 4.2
– Personal −0.7 −0.1   −1.1 −2.7
– Business 0.3 0.3   3.4 5.3
Broad money 0.6 0.6   3.9 3.0

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.

The RBA plans to start publishing the financial aggregates from August 2019 using an improved conceptual framework and a new data collection. The changes are likely to result in revisions, some of which may be significant. For further information about the upcoming changes and the new data collection, please see Updates to Australia's Financial Aggregates.