5232.0 - Australian National Accounts: Finance and Wealth, Mar 2019 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 27/06/2019   
   Page tools: Print Print Page Print all pages in this productPrint All

Financial market summary

Financial market summary

Outstanding at end
Transactions during
Other changes during
Outstanding at end
Dec Qtr 2018
Mar Qtr 2019
Mar Qtr 2019
Mar Qtr 2019
$b
$b
$b
$b

Currency and deposits
Currency
85.2
-1.4
-
83.8
Transferable deposits
898.1
-3.2
-0.4
894.6
Other deposits
1 642.9
2.4
-0.7
1 644.7
Short term debt securities
Bills of exchange
31.3
-3.8
-
27.5
One name paper
505.0
3.0
0.1
508.1
Long term debt securities
Bonds, etc.
2 556.9
-7.5
52.9
2 602.3
Derivatives
Derivatives
511.3
-47.7
72.2
535.9
Loans and placements
Short term
374.3
15.3
-0.3
389.3
Long term
3 811.6
14.3
-0.4
3 825.5
Shares and other equity
Listed
1 773.8
1.1
156.9
1 931.8
Unlisted
4 445.9
32.2
127.5
4 605.6
Insurance technical reserves
Reserves of pension funds and life offices
2 429.7
22.9
109.8
2 562.4
General insurance prepayments and reserves
114.8
4.5
-
119.3

- nil or rounded to zero (including null cells)


Revaluation gains in the stock market

Other private non-financial corporation shares drove the revaluation gains in the Australian stock market during the quarter.

Graph 1. The listed shares and other equity market
Graph 1 show The listed shares and other equity market


Revaluation gains in the bonds market

The total bonds market increased 1.8% driven by revaluations. Bonds issued onshore increased 2.7% due to positive revaluations in national general government bonds. Bonds issued offshore decreased 0.4% driven by net maturities of bank bonds held by rest of world.

Graph 2. The bonds market
Graph 2 shows The bonds market


Other notable events in financial markets during the quarter include:
  • Growth in long term loan issuance was subdued at 0.4% due to decreased growth in banks issuance to rest of the world (-13.3%) as loans reached maturity
  • Quarterly deposit growth dropped to -0.1%, driven by decreases in non-financial corporations transferable deposits with banks, other depository corporations and rest of world.