Intersectoral financial flows
Net transactions during September quarter 2019
During September quarter 2019, the financial sector borrowed a net $42.4b from households. This was primarily through superannuation reserves of $17.3b and household deposits of $24.3b.
General government borrowed a net $11.2b from the financial sector. This consisted of $9.4b in government loan borrowings and financial corporations' purchase of $5.2b of government short-term debt securities.
General government borrowed a net $11.4b from the rest of the world. This was driven by rest of world purchasing $13.0b of government bonds.
Amounts outstanding at end of September quarter 2019
Net claims on non-financial corporations were $1,088.1b from financial corporations, $1,038.0b from rest of world, $703.4b from households and $406.4b from general government.
Net claims on financial corporations from household were $1,913.2b. These were mainly comprised of superannuation reserves of $2,746.5b and deposits of $1,103.3b, partly offset by household loan liabilities of $2,211.2b.