The Reserve Bank of Australia (RBA) released financial aggregates for September 2026 showing total credit grew 8.4% over the year, compared with 7.2% in September 2025. Monthly growth held at 0.6%, with business lending recording the fastest expansion among the credit categories. Credit to nonfinancial businesses increased 0.9% in September and 11.3% annually, up from annual growth of 9.4% a year earlier. Housing credit rose 0.4% in the month and 7.0% over the year, compared with annual growth of 6.3% in September 2025. Personal credit growth slowed to 0.3% from 0.7% in August, while annual growth reached 4.8%. Broad money increased 0.2% in September, following 0.1% growth in August. Its annual growth rate was 6.2%, below 7.2% a year earlier. All growth rates are seasonally adjusted and adjusted for series breaks. Historical figures were revised to reflect resubmitted data, re-estimated seasonal factors and the incorporation of securitisation data.
RBA reports annual credit growth of 8.4% in September, with business lending expanding 11.3%
The Reserve Bank of Australia’s September 2026 financial aggregates showed credit expanded 8.4% annually, up from 7.2% a year earlier, while monthly growth remained at 0.6%. Annual business credit growth reached 11.3%, compared with 7.0% for housing and 4.8% for personal credit. Broad money grew 6.2% over the year, down from 7.2% in September 2025.