Australia’s total credit growth reaches 8.4% in July 2026

  • RBA published July 2026 financial aggregates covering credit and broad money.
  • Total credit grew 0.6% monthly and 8.4% year-ended in July 2026.
  • RBA warned D2A decommissioning may delay upcoming Financial Aggregates publications.

Australia’s total credit outstanding grew 0.6% in July and 8.4% over the year, according to the Reserve Bank of Australia’s July 2026 Financial Aggregates release dated 31 August 2026. Housing credit rose 0.5% for the month and 7.4% year-ended, personal credit increased 0.3% and 4.7%, and business credit advanced 0.9% and 10.6%, respectively. Broad money grew 0.3% monthly and 7.7% annually. The RBA warned that publication of Financial Aggregates and some statistical tables may be delayed in coming months as financial institutions’ Direct to APRA (D2A) reporting system is decommissioned. Historical levels and growth rates were revised after data resubmissions, seasonal-factor re-estimation and the incorporation of securitisation data.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.