5232.0 - Australian National Accounts: Finance and Wealth, Sep 2018 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/12/2018   
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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
Jun Qtr 2018
Sep Qtr 2018
Sep Qtr 2018
Sep Qtr 2018
$b
$b
$b
$b

Non-financial corporations
Investment funds
384.6
3.6
12.4
400.6
Other private
3 475.0
69.0
22.3
3 566.3
Public
124.3
0.5
-
124.8
General government
National
581.2
3.4
0.6
585.3
State and local
150.3
0.7
-
150.9
Households
2 241.5
10.7
3.5
2 255.7
Total
6 956.9
87.9
38.8
7 083.6

- 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 2018 was $87.9b. This was driven by other private non-financial corporations and households, who raised credit of $69.0b and $10.7b respectively. Demand by other private non-financial corporations was mainly due to privatisations and merger and acquisition activity.

Other private non-financial corporations raised $43.3b through issuance of shares and other equity and $28.5b through loans and placements. Households raised credit primarily through the loans and placements market, driven by banks lending of $20.5b.

Graph 2. Credit market outstandings

Graph 2 shows Credit market outstandings


Credit market outstandings of the domestic non-financial sectors as at 30 September 2018 was $7,083.6b, an increase of $126.7b from the previous quarter. Demand for credit contributed $87.9b with valuation increases of $38.8b.

Other private non-financial corporations sector had the largest credit market outstanding at $3,566.3b, followed by the households sector at $2,255.7b and national general government at $585.3b.