5232.0 - Australian National Accounts: Finance and Wealth, Mar 2016 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 30/06/2016
|Page tools: Print Page Print All|
CREDIT MARKET SUMMARY
NON-FINANCIAL DOMESTIC SECTORS
Graph 1. Total demand for credit
Source(s): Table 2. Demand for Credit ($ million)
Demand for credit during March quarter 2016 was $94.1b. Other private non-financial corporations raised a net $39.1b, households raised a net $24.2b and national general government raised a net $22.0b.
Other private non-financial corporations raised credit primarily through issuance of shares and other equity ($20.3b), loan borrowings ($12.1b) and issuance of bonds ($9.2b), which was partially offset by maturities of bills of exchange ($2.7b). Households raised credit primarily through the loans market with long term loans borrowed from banks ($26.7b), which was partially offset by maturities of bills of exchange ($0.5b). National general government raised credit through bond issuances ($22.2b) which was partially offset by loans and placements repayments of $0.1b.
Graph 2. Credit market outstandings
Credit market outstandings of the domestic non-financial sectors at 31 March 2016 was $5,846.9b, an increase of $96.7b from the previous quarter. Demand for credit contributed $94.1b and valuation increases were $2.6b. This valuation increase was mainly driven by bonds issued in Australia, partially offset by valuation decreases in shares and other equity.
Other private non-financial corporations sector ($2,787.3b) has the largest credit market outstanding followed by the household sector and national general government, at $2,049.5b and $476.6b respectively.
These documents will be presented in a new window.