5232.0 - Australian National Accounts: Finance and Wealth, Jun 2018 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 27/09/2018   
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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
Mar Qtr 2018
Jun Qtr 2018
Jun Qtr 2018
Jun Qtr 2018
$b
$b
$b
$b

Non-financial corporations
Investment funds
370.6
2.6
10.9
384.1
Other private
3 364.9
11.0
104.8
3 480.8
Public
121.6
2.6
-
124.3
General government
National
574.4
10.1
-3.3
581.3
State and local
151.5
-1.3
-
150.3
Households
2 215.2
25.4
0.7
2 241.3
Total
6 798.3
50.5
113.1
6 962.0

- 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 June quarter 2018 was $50.8b. This was driven by households, other private non-financial corporations and national general government, who raised credit of $25.4b, $11.3b and $10.1b respectively during the June quarter.


Households raised credit primarily through the loans and placements market, driven by banks lending of $21.6b. Other private non-financial corporations raised $16.9b through issuance of shares and other equity. National general government raised $11.2b through bond issuance.

Graph 2. Credit market outstandings

Graph 2 shows Credit market outstandings


Credit market outstandings of the domestic non-financial sectors as at 30 June 2018 was $6,962.0b, an increase of $163.7b from the previous quarter. Demand for credit contributed $50.5b with valuation increases of $113.1b. 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 $3,480.8b followed by the households sector at $2,241.3b and national general government at $581.3b.