5232.0 - Australian National Accounts: Finance and Wealth, Dec 2015 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/03/2016
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NON-FINANCIAL DOMESTIC SECTORS
Graph 1. Total demand for credit
Source(s): Table 2. Demand for Credit ($ million)
Demand for credit during December quarter 2015 was $48.6b. Household raised a net $25.1b, other private non-financial corporations raised a net $22.1b and national general government raised a net $4.8b.
Household raised credit primarily through the loans market with long term loans borrowed from banks ($26.4b) which was partially offset by short term loan repayments to banks of $1.4b. Other private non-financial corporations raised credit primarily through loan borrowings ($8.9b), issuance of shares and other equity ($7.8b) and issuance of bonds ($7.8b). National general government raised credit through bond issuances ($8.4b) which was offset by maturities of Treasury notes (-$3.5b).
Graph 2. Credit market outstandings
Credit market outstandings of the domestic non-financial sectors at 31 December 2015 was $5,755.3b, an increase of $68.7b from the previous quarter. Demand for credit contributed $48.6b and valuation increases were $20.1b. This valuation increase follows two consecutive valuation decreases driven by the listed equity market.
Other private non-financial corporations sector ($2,771.1b) has the largest credit market outstanding followed by the household sector and national general government, at $2,024.3b and $447.5b respectively.
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