5232.0 - Australian National Accounts: Finance and Wealth, Sep 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 20/12/2017   
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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
Jun Qtr 2017
Sep Qtr 2017
Sep Qtr 2017
Sep Qtr 2017
$b
$b
$b
$b

Non-financial corporations
Investment funds
359.3
4.2
1.5
364.9
Other private
3 198.2
27.2
8.3
3 233.7
Public
120.5
-1.7
-
118.9
General government
National
553.2
1.5
-5.2
549.6
State and local
145.4
3.0
-
148.4
Households
2 139.0
14.7
-1.3
2 155.0
Total
6 515.7
48.9
5.9
6 570.4

- 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 September quarter 2017 was $48.9b. This was driven by other private non-financial corporations ($27.2b) and households ($14.7b) who raised credit throughout the September quarter.

Other private non-financial corporations raised $30.2b of credit primarily through issuance of shares and other equity. Households raised credit primarily through the loans and placements market, with long term loans increasing $16.6b, driven by borrowings from banks of $24.6b offset by a decrease from securitisers of $9.7b (For further information on the treatment of securitisation please refer to the technical note in this publication).

Graph 2. Credit market outstandings

Graph 2 shows Credit market outstandings



Credit market outstandings of the domestic non-financial sectors as at 30 September 2017 was $6,570.4b, an increase of $54.8b from the previous quarter. Demand for credit contributed $48.9b with valuation increases of $5.9b. The valuation increase was mainly driven by shares and other equity issued by other private non-financial corporations.

Other private non-financial corporations sector has the largest credit market outstanding at $3,233.7b followed by the households sector at $2,155.0b and national general government at $549.6b.