The Reserve Bank of Australia published the latest financial aggregates for January 2026, reporting that total credit rose 0.5% over the month and 7.7% over the year, while broad money increased 0.6% over the month and 7.4% over the year. Housing credit grew 0.6% in January (7.0% year-ended), personal credit increased 0.2% (4.1% year-ended) and business credit rose 0.5% (9.4% year-ended), with business credit defined as lending to non-financial businesses. The release notes that growth rates are seasonally adjusted and adjusted for series breaks, and that historical levels and growth rates have been revised due to resubmitted data from some financial intermediaries, re-estimated seasonal factors and the incorporation of securitisation data; the credit aggregates cover credit provided by domestically operating financial institutions and exclude cross-border and non-intermediated lending.
Reserve Bank of Australia 2026-02-27
Reserve Bank of Australia releases January 2026 financial aggregates showing total credit up 0.5% and broad money up 0.6%
The Reserve Bank of Australia reported total credit increased by 0.5% in January 2026 and 7.7% year-on-year, while broad money rose by 0.6% for the month and 7.4% annually. Housing credit grew by 0.6%, personal credit by 0.2%, and business credit by 0.5% in January, with business credit defined as lending to non-financial businesses. Growth rates are seasonally adjusted and revised due to resubmitted data, re-estimated seasonal factors, and securitisation data.