The Reserve Bank of Australia published its March 2026 Financial Aggregates, showing seasonally adjusted total credit rose 0.7 percent in the month and 8.1 percent over the year to March. It also warned that publication of the financial aggregates and some RBA statistical tables may be delayed over the coming months because of the decommissioning of the Direct to APRA reporting system for financial institutions, with affected tables to be updated at the earliest opportunity. Within total credit, housing credit increased 0.6 percent in March and 7.3 percent over the year, personal credit rose 0.6 percent and 4.5 percent, and business credit, defined as lending to non-financial businesses, increased 0.8 percent and 9.9 percent. Broad money rose 0.7 percent in the month and 8.3 percent over the year. The RBA said historical levels and growth rates were revised following data resubmissions by some financial intermediaries, re-estimation of seasonal factors and the incorporation of securitisation data. Growth rates are seasonally adjusted and adjusted for breaks in series, while levels are not adjusted for series breaks and should not be used to calculate credit growth.
Reserve Bank of Australia 2026-04-30
Reserve Bank of Australia publishes March financial aggregates with total credit up 0.7 percent and warns of delays from D2A decommissioning
The Reserve Bank of Australia’s March 2026 Financial Aggregates show seasonally adjusted total credit up 0.7 percent in the month and 8.1 percent over the year, with business credit rising 0.8 percent in March and 9.9 percent annually, housing credit 0.6 percent and 7.3 percent, and personal credit 0.6 percent and 4.5 percent. Broad money increased 0.7 percent in March and 8.3 percent over the year. Historical data were revised, and the RBA warned that publication of financial aggregates and some statistical tables may be delayed due to the decommissioning of the Direct to APRA reporting system.