5232.0 - Australian National Accounts: Finance and Wealth, Dec 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 29/03/2018   
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CREDIT MARKET SUMMARY

NON-FINANCIAL DOMESTIC SECTORS



Credit market outstandings at end
Demand for credit during
Other changes during
Credit market outstandings at end
Sep Qtr 2017
Dec Qtr 2017
Dec Qtr 2017
Dec Qtr 2017
$b
$b
$b
$b

Non-financial corporations
Investment funds
366.1
4.1
6.6
376.8
Other private
3 230.0
28.1
102.7
3 360.8
Public
118.8
4.0
-
122.8
General government
National
550.1
13.3
2.7
566.1
State and local
148.4
1.9
-0.1
150.2
Households
2 154.3
29.9
4.7
2 188.9
Total
6 567.7
81.2
116.7
6 765.6

- nil or rounded to zero (including null cells)

Graph 1. Total demand for credit

Graph 1 shows Total demand for credit



Demand for credit during December quarter 2017 was $81.2b. This was driven by households and other private non-financial corporations who raised credit during the December quarter.

Households raised credit primarily through the loans and placements market, driven by securitisers lending $23.4b and by banks lending $5.2b. Other private non-financial corporations raised $24.8b of credit primarily through issuance of shares and other equity.

Graph 2. Credit market outstandings

Graph 2 shows Credit market outstandings



Credit market outstandings of the domestic non-financial sectors as at 31 December 2017 was $6,765.6b, an increase of $197.9b from the previous quarter. Demand for credit contributed $81.2b with valuation increases of $116.7b. The valuation increase was mainly driven by shares and other equity issued by other private non-financial corporations.

Other private non-financial corporations sector had the largest credit market outstanding at $3,360.8b followed by the households sector at $2,188.9b and national general government at $566.1b.