Australian National Accounts: Finance and Wealth

Latest release

National, public and private corporations, government and household financial and capital accounts, and household balance sheets.

Reference period

June 2026

Released

24/09/2026

Release date and time

24/09/2026 11:30am AEST

Key statistics

Household wealth increased by $201.1b (1.0%) to $19,388.9b.
Demand for credit was $132.7b.
Australia's net borrowing position fell by $9.2b to $7.6b this quarter.
Capital investment as a proportion of GDP remained at 25.1%.

Main features

Financing resources and investment tables

Financing resources June quarter 2026, original, current prices, $b
	Non-financial corps	Financial corps	Government	Households	Total national	Rest of world
Net saving (a)	18.7	1.8	-9.5	12.2	23.2	24.8
plus Consumption of fixed capital	66.3	4.2	17.0	48.4	135.9	-
Gross saving	85.0	6.0	7.5	60.7	159.1	24.8
plus Net capital transfers	-0.2	0.0	-6.3	4.2	-2.4	2.4
less Statistical discrepancy (b)	-	-	-	-	-11.0	-
Total financing resources	84.8	6.0	1.2	64.8	167.7	27.2

Uses of financing (investment) June quarter 2026, original, current prices, $b
	Non-financial corps	Financial corps	Government	Households	Total national	Rest of world
Capital formation
	Gross fixed capital formation	96.8	4.6	35.2	63.3	199.9	-
	plus Changes in inventories	-4.0	0.0	0.5	-1.5	-5.0	-
	plus Net acquisition of non-produced non-financial assets	-2.0	-	1.9	-	-	-
	Total capital formation	90.8	4.6	37.6	61.8	194.8	-
plus Financial investment
	Acquisition of financial assets	89.2	-80.4	-35.7	75.9	-128.8	-121.3
	less Incurrence of financial liabilities	73.2	-81.6	-7.6	72.7	-121.3	-128.8
	Net Financial investment (Net lending (+) / net borrowing (-))	16.0	1.3	-28.1	3.2	-7.6	7.6
less Net errors and omissions	22.0	-0.1	8.3	0.2	19.5	-19.5
Total investment	84.8	6.0	1.2	64.8	167.7	27.1

Financial market summary table

Financial market summary, $b
	Amounts outstanding, Mar-26	Transactions, Jun-26	Other changes, Jun-26	Amounts outstanding, Jun-26
Currency and deposits
	Currency	111.6	0.3	-	111.9
	Transferable deposits	2,499.8	37.0	20.0	2,556.7
	Other deposits	1,807.8	35.9	-18.8	1,825.0
Short term debt securities
	Bills of exchange	4.3	-0.1	-	4.2
	One name paper	640.4	9.9	2.4	652.8
Long term debt securities
	Bonds, etc.	3,861.0	81.4	29.1	3,971.5
Derivatives
	Derivatives	863.5	-539.5	507.2	831.1
Loans and placements
	Short term	540.0	-24.6	-4.1	511.3
	Long term	5,604.2	158.0	3.0	5,765.2
Shares and other equity
	Listed	3,163.2	0.4	136.9	3,300.5
	Unlisted	7,298.4	89.5	255.0	7,642.9
Insurance technical reserves
	Reserves of pension funds and life	4,175.5	55.4	192.1	4,423.0
	General insurance payments	184.9	4.8	0.0	189.7

Flow of funds diagrams

National investment

National investment increased by $25.6b to $194.8b in the June quarter.

General government investment increased by $10.5b to $37.6b, driven by an increase in gross fixed capital formation for both state and local general government and national general government.
Non-financial corporations' investment increased by $9.2b to $90.8b, driven by an increase in gross fixed capital formation for both private non-financial corporations and public non-financial corporations.
Households' investment increased by $5.5b to $61.8b, driven by an increase in gross fixed capital formation.

Financial investment

Australia was a net borrower of $7.6b from rest of world (ROW). The main contributors were a:

$34.9b acquisition by ROW of bonds issued by Australia
$27.9b placement of deposits by ROW
Partly offset by $62.5b acquisition by Australia of equity issued by ROW

Australia's net borrowing position reflected strong ROW investment in Australian long-term debt securities issued by central borrowing authorities and securitisers.

Households

Households' $3.2b net lending position was due to a $75.9b acquisition of financial assets, partly offset by a $72.7b incurrence of liabilities. The acquisition of assets was driven by:

$57.9b net equity in superannuation
$10.1b in other accounts receivable

While liabilities were driven by:

$72.7b in loan borrowings

The rise in loan borrowings was driven by continued strength in new loans for housing during the quarter.

General government

General government’s $28.1b net borrowing position was due to a $35.7b disposal of financial assets, partly offset by a $7.6b reduction in liabilities. The disposal of assets was driven by:

$26.3b draw down of deposits

Liabilities were driven by:

$14.0b net maturity of bonds

The national general government remained in a net borrowing position for a twelfth consecutive quarter.

Net financial investment (net lending (+) / borrowing (-))
	National net financial investment ($b)	Non-financial corporations ($b)	Financial corporations ($b)	General government ($b)	Households ($b)
Jun-13	-11.5	-42.7	21.6	-14.0	23.5
Sep-13	-19.3	-13.0	-20.1	-20.2	34.0
Dec-13	-12.2	-45.1	27.6	-10.9	16.1
Mar-14	-9.7	-17.9	10.0	-11.0	9.3
Jun-14	-13.9	-21.3	14.2	-10.2	3.4
Sep-14	-13.5	-13.1	-18.3	-18.4	36.4
Dec-14	-15.9	-3.2	-30.0	-10.0	27.3
Mar-15	-14.8	-21.8	1.8	-3.6	8.8
Jun-15	-21.8	-29.6	4.3	-8.4	11.9
Sep-15	-26.4	-54.3	-7.0	-15.0	49.9
Dec-15	-26.1	-36.3	1.9	-7.2	15.5
Mar-16	-18.0	-24.9	11.5	-8.8	4.1
Jun-16	-15.1	9.0	-33.4	-6.0	15.2
Sep-16	-15.1	-8.3	-2.6	-22.1	17.8
Dec-16	-7.9	-0.5	-8.0	-24.1	24.8
Mar-17	-2.8	-14.6	9.0	2.2	0.5
Jun-17	-14.1	24.0	-33.3	-12.9	8.1
Sep-17	-16.1	-10.3	-10.8	-18.6	23.6
Dec-17	-19.9	-7.9	-23.4	-2.5	13.8
Mar-18	-11.1	-23.6	5.1	-0.9	8.3
Jun-18	-15.9	-9.8	-19.0	-0.4	13.3
Sep-18	-8.8	-27.4	-2.9	-18.5	40.0
Dec-18	-7.0	-6.9	3.9	-9.1	5.1
Mar-19	-5.1	-15.0	-6.1	-0.1	16.1
Jun-19	6.1	11.9	-33.6	-9.5	37.4
Sep-19	5.9	-7.1	-14.5	-23.6	51.1
Dec-19	-1.2	-13.1	4.5	-14.2	21.6
Mar-20	10.0	-12.4	11.6	-13.4	24.2
Jun-20	15.3	49.8	2.7	-89.1	51.9
Sep-20	8.0	22.2	20.2	-109.9	75.5
Dec-20	15.8	7.2	11.0	-43.9	41.6
Mar-21	12.2	-3.7	30.9	-14.1	-0.9
Jun-21	23.0	22.0	6.2	-12.0	6.8
Sep-21	11.8	-29.8	28.4	-44.3	57.5
Dec-21	4.5	-6.6	12.7	-29.6	27.9
Mar-22	5.2	-38.8	40.1	-5.4	9.2
Jun-22	15.7	2.4	25.0	-11.7	0.0
Sep-22	-11.2	-49.0	37.5	-42.7	43.0
Dec-22	7.9	5.1	-3.2	-12.6	18.7
Mar-23	0.9	-18.4	-12.3	9.7	21.8
Jun-23	3.0	20.8	-22.5	2.8	1.9
Sep-23	-16.6	-66.4	18.2	-29.8	61.4
Dec-23	5.2	-3.9	4.7	-26.9	31.3
Mar-24	-15.1	-5.5	-19.2	-7.4	17.0
Jun-24	-19.5	-24.4	28.2	-18.0	-5.2
Sep-24	-22.6	-7.2	-43.8	-38.4	66.9
Dec-24	-6.3	-30.7	12.8	-40.4	52.0
Mar-25	-18.2	-12.2	-21.4	-19.2	34.6
Jun-25	-12.9	17.7	-20.3	-23.6	13.3
Sep-25	-40.5	-19.0	-39.1	-58.2	75.8
Dec-25	-22.8	-23.9	10.4	-43.0	33.6
Mar-26	-16.8	-37.4	24.2	-11.1	7.5
Jun-26	-7.6	16.0	1.3	-28.1	3.2

Net financial investment (net lending (+) / borrowing (-))

["","National net financial investment","Non-financial\u00a0corporations","Financial\u00a0corporations","General\u00a0government","Households"]

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Demand for credit

Demand for credit table

Demand for credit non-financial domestic sectors, $b
	Credit market outstandings, Mar-26	Demand for credit, Jun-26	Other changes, Jun-26	Credit market outstandings, Jun-26
Non-financial corporations
	Investment funds	641.3	3.3	18.0	662.6
	Other private	5,080.3	73.5	75.6	5,229.4
	Public	208.1	1.6	-0.3	209.5
General government
	National	936.5	-20.5	10.3	926.3
	State and local	547.1	2.1	0.4	549.6
Households	3,302.6	72.6	0.8	3,375.9
Total	10,715.9	132.7	104.7	10,953.3

Demand for credit was $132.7b in the June quarter, of which:

Other private non-financial corporations borrowed $73.5b
Households borrowed $72.6b
General government repaid $18.3b

Credit market outstandings increased by $237.4b, comprised of demand for credit of $132.7b and revaluation gains of $104.7b. Holding gains of shares of other private non-financial corporations and private investment funds were $77.3b and $17.6b respectively, reflecting a rise in equity prices on the Australian Securities Exchange (ASX). Falling bond yields also resulted in holding gains on Commonwealth government bonds of $10.3b.

Other private non-financial corporations

Other private non-financial corporations credit growth was driven by lending from authorised deposit-taking institutions (ADIs) and ROW, alongside strong equity investment in Australian companies by the ROW. Business financing activity comprised:

loan borrowings of $43.8b
equity raising of $23.6b
corporate bond net issuance of $7.2b

General government

Commonwealth government demand for credit was driven by net maturities of treasury bonds and treasury notes. State and local general government demand for credit was driven by an increase in loans from central borrowing authorities. General government financing activity comprised:

$22.1b in net maturities of bonds and one name paper by national general government
$2.6b in loan borrowings by state and local general government

Households

Household demand for credit continued to be supported by a seasonal rise in borrowing for housing, driven by both owner-occupiers and investors. Households borrowed:

$70.7b in long-term loans
$1.9b in short-term loans

Demand for credit by sector
	Private non-financial businesses ($b)	Households ($b)	General government ($b)	Other ($b)
Jun-13	37.5	28.8	-6.2	5.0
Sep-13	26.1	3.7	28.9	-0.3
Dec-13	38.7	32.5	22.5	9.4
Mar-14	7.9	18.7	20.1	0.0
Jun-14	32.3	36.1	6.9	8.7
Sep-14	33.6	13.6	24.2	-6.1
Dec-14	35.4	26.8	8.9	3.1
Mar-15	43.2	25.1	16.1	7.4
Jun-15	27.0	39.3	5.3	11.8
Sep-15	39.7	12.3	36.4	3.8
Dec-15	33.4	23.2	2.1	7.9
Mar-16	30.4	25.1	22.0	3.4
Jun-16	11.1	34.7	2.5	2.7
Sep-16	20.3	28.5	25.8	6.0
Dec-16	56.5	20.7	19.0	-7.6
Mar-17	6.3	21.6	18.9	4.4
Jun-17	38.0	40.6	19.6	1.2
Sep-17	33.4	18.0	5.4	6.0
Dec-17	30.9	27.7	15.7	5.2
Mar-18	39.0	19.6	6.3	3.7
Jun-18	14.0	27.5	10.1	2.9
Sep-18	67.0	11.1	5.9	9.1
Dec-18	8.8	25.7	6.1	3.0
Mar-19	35.5	15.3	-0.3	5.4
Jun-19	38.8	4.0	12.3	-3.6
Sep-19	18.1	-0.1	25.8	4.5
Dec-19	19.1	19.3	15.7	6.3
Mar-20	48.0	3.9	35.6	5.8
Jun-20	-8.9	14.6	136.2	9.9
Sep-20	0.7	6.3	144.0	7.4
Dec-20	3.3	22.5	30.2	11.0
Mar-21	17.2	28.1	20.2	6.1
Jun-21	10.6	49.6	6.8	19.1
Sep-21	56.7	41.1	48.9	9.1
Dec-21	32.4	54.1	22.6	16.3
Mar-22	160.7	41.6	13.6	12.4
Jun-22	44.3	52.9	40.4	16.4
Sep-22	67.7	28.7	15.5	7.9
Dec-22	11.4	32.2	2.2	0.1
Mar-23	40.8	18.8	16.8	10.1
Jun-23	-10.5	38.3	-8.1	4.2
Sep-23	51.2	15.3	20.2	10.1
Dec-23	26.9	29.7	28.1	8.7
Mar-24	43.6	28.5	23.8	10.8
Jun-24	37.9	53.1	-7.0	10.4
Sep-24	32.2	29.6	54.1	9.2
Dec-24	56.2	40.7	-4.1	16.9
Mar-25	46.7	33.9	41.0	10.4
Jun-25	41.4	60.5	-15.7	15.3
Sep-25	54.2	31.8	57.1	8.2
Dec-25	33.9	63.1	23.0	10.1
Mar-26	49.7	55.7	41.2	10.7
Jun-26	73.5	72.6	-18.3	4.9

Demand for credit by sector

["","Private non-financial businesses","Households","General government","Other"]

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"Other" includes private non-financial investment funds and public non-financial corporations.

Households

Balance sheet

Household balance sheet, $b
	Amounts outstanding, Mar-26	Transactions, Jun-26	Other changes(a), Jun-26	Holding gains/losses, Jun-26	Amounts outstanding, Jun-26
Non-financial assets
	Land and dwellings	12,933.5	13.7	10.2	-52.7	12,904.8
	Other non-financial assets	939.0	-0.4	-	6.4	944.9
Financial assets
	Superannuation reserves	4,472.8	57.9	-	173.4	4,704.1
	Shares and other equity	1,713.8	5.4	-	30.2	1,749.5
	Currency and deposits	2,011.8	-0.3	-	0.3	2,011.8
	Other financial assets	564.1	13.0	-	17.5	594.5
Liabilities
	Loans	3,299.5	72.7	-	0.8	3,373.0
	Other liabilities	147.7	0.1	-	-	147.8
Wealth (Net worth)	19,187.8	16.6	10.2	174.3	19,388.9
Memorandum item
	Consumer durables (b)	583.0	0.0	-	-	587.1

Financial assets

Household selected financial assets, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total assets	96.9	8,796.3	61.9	8,762.5	75.9	9,059.9
Deposits	55.1	1,938.5	22.1	1,960.0	-0.8	1,959.5
Shares and equity	6.8	1,701.2	2.0	1,713.8	5.4	1,749.5
Net equity in reserves	27.4	4,269.5	30.7	4,185.0	55.4	4,433.1
	Pension funds	27.5	4,126.2	28.3	4,045.2	55.0	4,286.1
Other assets	7.6	887.0	7.2	903.7	16.0	917.8

Liabilities

Household selected liabilities, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total liabilities	63.3	3,394.9	54.4	3,447.6	72.7	3,521.1
Short term loans	2.1	60.1	0.6	59.7	1.9	60.6
Long term loans	61.2	3,185.5	55.1	3,239.9	70.7	3,312.4
Other liabilities	0.0	149.3	-1.3	148.0	0.1	148.1

Household wealth grew 1.0% ($201.1b) to $19,388.9b by the end of the June quarter. The increase in net worth was driven by growth in the value of superannuation reserves and financial assets.

Non-financial assets

Non-financial assets owned by households decreased by 0.2% (-$22.7b). The value of land and dwellings decreased by 0.2% (-$28.7b), reflecting falls in property prices over the quarter in New South Wales, Victoria and the ACT.

Financial assets

Financial assets owned by households increased 3.4% ($297.4b), with a:

$231.3b rise in superannuation reserves
$35.6b rise in shares and other equity

Revaluation gains drove the increase in superannuation reserves, reflecting the strong performance of domestic and overseas share markets.

Total deposits decreased by -$0.5b (0.0%). Transferable deposit account balances fell $11.0b. Other deposit accounts (which include term deposit and other savings accounts) rose $10.5b.

Increases in the equity of both private non-financial corporations and non-money market investment funds contributed to the rise in households' share and other equity assets.

Liabilities

Household liabilities increased by 2.1% ($73.5b), with a:

$0.9b rise in short-term loans
$72.5b rise in long-term loans

The growth in long-term loans was driven by housing loans, with both investors and owner occupiers contributing to demand for new housing debt.

Household wealth, contribution to growth, quarterly
	Wealth (Net worth) ($b)	Land and dwellings ($b)	Superannuation ($b)	Currency and deposits ($b)	Shares and equity ($b)	Other financial assets ($b)	Liabilities ($b)
Jun-13	-0.7	78.6	-52.5	6.4	-3.0	1.5	-36.2
Sep-13	212.8	83.3	88.4	26.3	21.0	-0.6	-11.4
Dec-13	235.7	173.2	53.3	20.4	8.7	7.9	-37.8
Mar-14	139.0	76.5	46.1	9.7	19.4	-1.5	-19.7
Jun-14	117.5	94.9	26.2	7.0	15.3	4.2	-38.0
Sep-14	164.5	82.6	51.3	29.5	13.1	-0.8	-19.6
Dec-14	261.9	169.2	59.6	25.5	24.6	1.7	-30.3
Mar-15	263.9	125.0	106.0	13.9	34.9	7.7	-32.0
Jun-15	202.3	224.7	12.3	6.4	0.1	-5.1	-42.4
Sep-15	123.2	129.6	-24.5	37.2	0.9	-2.3	-22.0
Dec-15	150.7	46.6	76.4	19.6	30.4	-2.7	-25.8
Mar-16	-13.5	9.6	-18.7	12.8	3.6	2.3	-26.3
Jun-16	281.5	137.3	149.0	10.6	16.2	7.6	-41.9
Sep-16	230.9	125.7	79.3	25.3	23.7	3.3	-30.1
Dec-16	337.7	258.0	48.6	24.9	22.8	0.3	-24.4
Mar-17	231.6	160.4	63.2	9.8	20.8	1.6	-29.9
Jun-17	154.9	170.0	16.7	1.4	4.2	-0.3	-41.2
Sep-17	28.2	14.2	-3.4	21.7	11.8	6.1	-26.2
Dec-17	286.5	167.9	95.7	13.5	26.4	9.2	-33.1
Mar-18	-14.0	17.1	-16.6	10.0	2.2	0.1	-30.8
Jun-18	88.3	-26.3	107.9	1.5	21.9	11.7	-31.0
Sep-18	35.4	-51.0	47.7	28.2	18.8	5.1	-15.3
Dec-18	-205.6	-60.9	-111.3	9.5	-7.5	-9.2	-31.1
Mar-19	57.8	-119.6	142.6	5.4	33.6	14.5	-20.4
Jun-19	318.8	68.5	220.6	4.3	27.8	13.1	-15.4
Sep-19	335.8	225.8	63.2	25.9	16.9	11.2	-6.3
Dec-19	289.9	218.7	62.1	12.9	13.0	2.1	-22.6
Mar-20	-249.8	106.0	-275.5	18.2	-63.2	-15.9	-22.4
Jun-20	229.2	-23.5	166.6	35.1	32.3	19.5	-4.2
Sep-20	341.4	222.4	38.9	65.2	7.5	3.7	-3.4
Dec-20	634.8	376.7	163.8	27.5	54.0	18.4	-20.8
Mar-21	546.4	457.0	67.0	13.7	28.2	-6.7	-27.1
Jun-21	569.1	428.5	118.3	5.9	35.0	18.5	-52.3
Sep-21	730.9	598.5	62.0	75.0	25.7	7.4	-52.9
Dec-21	727.0	585.9	99.5	47.2	20.8	9.2	-56.6
Mar-22	168.9	196.3	-51.3	33.2	22.2	-7.6	-41.1
Jun-22	-400.4	-36.5	-295.0	5.6	-22.0	-17.2	-49.3
Sep-22	-217.9	-255.3	-14.4	52.4	14.8	7.0	-32.9
Dec-22	243.5	73.3	121.1	33.1	35.5	6.2	-41.1
Mar-23	198.0	60.9	113.0	26.3	21.1	1.8	-34.9
Jun-23	350.9	312.7	56.1	-7.3	17.2	7.2	-41.5
Sep-23	244.7	168.1	8.1	52.0	35.3	2.6	-27.3
Dec-23	534.9	314.6	150.8	30.0	52.2	7.8	-31.7
Mar-24	382.7	176.6	146.3	31.9	57.4	3.9	-42.5
Jun-24	279.5	260.1	5.8	-7.5	26.5	42.2	-53.8
Sep-24	316.3	56.4	150.4	63.0	49.4	24.8	-32.2
Dec-24	392.3	258.2	68.0	58.1	30.5	15.3	-46.7
Mar-25	115.7	88.7	-10.9	28.5	16.8	25.7	-39.5
Jun-25	526.7	278.1	209.0	8.2	59.7	28.4	-60.0
Sep-25	536.4	272.3	164.1	64.2	38.3	20.9	-26.8
Dec-25	593.9	511.3	48.8	56.6	20.2	11.2	-63.9
Mar-26	127.1	206.3	-77.9	20.9	12.6	10.6	-52.6
Jun-26	201.1	-28.7	231.3	0.0	35.6	30.5	-73.5

Household wealth, contribution to growth, quarterly

["","Wealth (Net worth)","Land and dwellings","Superannuation","Currency and deposits","Shares and equity","Other financial assets","Liabilities"]

[["Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25","Sep-25","Dec-25","Mar-26","Jun-26"],[[-0.7],[212.8],[235.7],[139],[117.5],[164.5],[261.9],[263.9],[202.3],[123.2],[150.7],[-13.5],[281.5],[230.9],[337.7],[231.6],[154.9],[28.2],[286.5],[-14],[88.3],[35.4],[-205.6],[57.8],[318.8],[335.8],[289.9],[-249.8],[229.2],[341.4],[634.8],[546.4],[569.1],[730.9],[727],[168.9],[-400.4],[-217.9],[243.5],[198],[350.9],[244.7],[534.9],[382.7],[279.5],[316.3],[392.3],[115.7],[526.7],[536.4],[593.9],[127.1],[201.1]],[[78.6],[83.3],[173.2],[76.5],[94.9],[82.6],[169.2],[125],[224.7],[129.6],[46.6],[9.6],[137.3],[125.7],[258],[160.4],[170],[14.2],[167.9],[17.1],[-26.3],[-51],[-60.9],[-119.6],[68.5],[225.8],[218.7],[106],[-23.5],[222.4],[376.7],[457],[428.5],[598.5],[585.9],[196.3],[-36.5],[-255.3],[73.3],[60.9],[312.7],[168.1],[314.6],[176.6],[260.1],[56.4],[258.2],[88.7],[278.1],[272.3],[511.3],[206.3],[-28.7]],[[-52.5],[88.4],[53.3],[46.1],[26.2],[51.3],[59.6],[106],[12.3],[-24.5],[76.4],[-18.7],[149],[79.3],[48.6],[63.2],[16.7],[-3.4],[95.7],[-16.6],[107.9],[47.7],[-111.3],[142.6],[220.6],[63.2],[62.1],[-275.5],[166.6],[38.9],[163.8],[67],[118.3],[62],[99.5],[-51.3],[-295],[-14.4],[121.1],[113],[56.1],[8.1],[150.8],[146.3],[5.8],[150.4],[68],[-10.9],[209],[164.1],[48.8],[-77.9],[231.3]],[[6.4],[26.3],[20.4],[9.7],[7],[29.5],[25.5],[13.9],[6.4],[37.2],[19.6],[12.8],[10.6],[25.3],[24.9],[9.8],[1.4],[21.7],[13.5],[10],[1.5],[28.2],[9.5],[5.4],[4.3],[25.9],[12.9],[18.2],[35.1],[65.2],[27.5],[13.7],[5.9],[75],[47.2],[33.2],[5.6],[52.4],[33.1],[26.3],[-7.3],[52],[30],[31.9],[-7.5],[63],[58.1],[28.5],[8.2],[64.2],[56.6],[20.9],[0]],[[-3],[21],[8.7],[19.4],[15.3],[13.1],[24.6],[34.9],[0.1],[0.9],[30.4],[3.6],[16.2],[23.7],[22.8],[20.8],[4.2],[11.8],[26.4],[2.2],[21.9],[18.8],[-7.5],[33.6],[27.8],[16.9],[13],[-63.2],[32.3],[7.5],[54],[28.2],[35],[25.7],[20.8],[22.2],[-22],[14.8],[35.5],[21.1],[17.2],[35.3],[52.2],[57.4],[26.5],[49.4],[30.5],[16.8],[59.7],[38.3],[20.2],[12.6],[35.6]],[[1.5],[-0.6],[7.9],[-1.5],[4.2],[-0.8],[1.7],[7.7],[-5.1],[-2.3],[-2.7],[2.3],[7.6],[3.3],[0.3],[1.6],[-0.3],[6.1],[9.2],[0.1],[11.7],[5.1],[-9.2],[14.5],[13.1],[11.2],[2.1],[-15.9],[19.5],[3.7],[18.4],[-6.7],[18.5],[7.4],[9.2],[-7.6],[-17.2],[7],[6.2],[1.8],[7.2],[2.6],[7.8],[3.9],[42.2],[24.8],[15.3],[25.7],[28.4],[20.9],[11.2],[10.6],[30.5]],[[-36.2],[-11.4],[-37.8],[-19.7],[-38],[-19.6],[-30.3],[-32],[-42.4],[-22],[-25.8],[-26.3],[-41.9],[-30.1],[-24.4],[-29.9],[-41.2],[-26.2],[-33.1],[-30.8],[-31],[-15.3],[-31.1],[-20.4],[-15.4],[-6.3],[-22.6],[-22.4],[-4.2],[-3.4],[-20.8],[-27.1],[-52.3],[-52.9],[-56.6],[-41.1],[-49.3],[-32.9],[-41.1],[-34.9],[-41.5],[-27.3],[-31.7],[-42.5],[-53.8],[-32.2],[-46.7],[-39.5],[-60],[-26.8],[-63.9],[-52.6],[-73.5]]]

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Private non-financial corporations

Financial assets

Private non-financial corporations' selected financial assets, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total assets	23.6	2,290.1	21.2	2,284.4	89.9	2,407.4
Deposits	3.9	902.0	13.5	909.4	42.4	950.9
Shares and equity	17.9	766.0	6.7	737.0	25.6	801.4
Other accounts receivable	4.3	367.4	0.5	379.8	21.0	396.8
Other assets	-2.5	254.7	0.5	258.2	0.8	258.3

Liabilities

Private non-financial corporations' selected liabilities, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total liabilities	38.9	6,030.4	53.9	5,981.2	69.6	6,146.6
Total debt securities	6.2	303.5	-3.5	292.4	3.9	296.8
Loans	12.3	1,249.4	30.0	1,273.3	52.7	1,324.2
	Authorised deposit taking institutions	9.4	848.5	27.1	874.4	24.2	898.7
	Rest of world	-0.6	248.2	2.3	245.5	18.0	261.7
Shares and equity	22.2	4,206.4	30.0	4,141.7	21.9	4,258.3
	Households	3.8	1,013.3	4.7	1,021.8	4.5	1,044.2
	Rest of world	22.0	1,614.1	26.2	1,600.5	20.9	1,635.9
Other liabilities	-1.7	271.0	-2.7	273.9	-9.0	267.3

The debt-to-equity ratio (adjusted for price changes) increased to 0.56 and follows the gradual increase in the ratio seen since the June quarter 2022. The unadjusted debt-to-equity ratio remained stable at 0.44 in the June quarter 2026.

Private non-financial corporations' debt to equity ratio
	Debt to equity ratio, adjusted for price changes, June 2006 base	Debt to equity ratio
Jun-06	0.52	0.52
Sep-06	0.53	0.52
Dec-06	0.55	0.51
Mar-07	0.57	0.50
Jun-07	0.57	0.49
Sep-07	0.60	0.51
Dec-07	0.63	0.54
Mar-08	0.64	0.60
Jun-08	0.65	0.60
Sep-08	0.67	0.69
Dec-08	0.67	0.81
Mar-09	0.65	0.79
Jun-09	0.61	0.70
Sep-09	0.60	0.63
Dec-09	0.59	0.60
Mar-10	0.58	0.60
Jun-10	0.58	0.64
Sep-10	0.57	0.60
Dec-10	0.55	0.55
Mar-11	0.56	0.55
Jun-11	0.55	0.56
Sep-11	0.56	0.63
Dec-11	0.57	0.64
Mar-12	0.58	0.61
Jun-12	0.59	0.66
Sep-12	0.58	0.64
Dec-12	0.58	0.62
Mar-13	0.59	0.61
Jun-13	0.59	0.65
Sep-13	0.59	0.62
Dec-13	0.59	0.63
Mar-14	0.59	0.62
Jun-14	0.59	0.61
Sep-14	0.59	0.63
Dec-14	0.58	0.63
Mar-15	0.59	0.62
Jun-15	0.59	0.63
Sep-15	0.60	0.67
Dec-15	0.60	0.65
Mar-16	0.61	0.65
Jun-16	0.60	0.63
Sep-16	0.60	0.60
Dec-16	0.59	0.59
Mar-17	0.59	0.58
Jun-17	0.59	0.58
Sep-17	0.59	0.57
Dec-17	0.58	0.54
Mar-18	0.58	0.55
Jun-18	0.57	0.53
Sep-18	0.58	0.53
Dec-18	0.58	0.55
Mar-19	0.58	0.52
Jun-19	0.57	0.51
Sep-19	0.57	0.51
Dec-19	0.56	0.50
Mar-20	0.58	0.61
Jun-20	0.56	0.53
Sep-20	0.55	0.51
Dec-20	0.53	0.48
Mar-21	0.54	0.48
Jun-21	0.54	0.46
Sep-21	0.54	0.46
Dec-21	0.53	0.44
Mar-22	0.51	0.43
Jun-22	0.52	0.46
Sep-22	0.52	0.47
Dec-22	0.52	0.45
Mar-23	0.52	0.44
Jun-23	0.51	0.44
Sep-23	0.52	0.45
Dec-23	0.53	0.44
Mar-24	0.53	0.44
Jun-24	0.53	0.44
Sep-24	0.53	0.43
Dec-24	0.54	0.45
Mar-25	0.54	0.46
Jun-25	0.54	0.45
Sep-25	0.55	0.43
Dec-25	0.55	0.43
Mar-26	0.55	0.44
Jun-26	0.56	0.44

Private non-financial corporations' debt to equity ratio

["","Debt to equity ratio, adjusted for price changes, June 2006 base","Debt\u00a0to\u00a0equity\u00a0ratio"]

[["Jun-06","Sep-06","Dec-06","Mar-07","Jun-07","Sep-07","Dec-07","Mar-08","Jun-08","Sep-08","Dec-08","Mar-09","Jun-09","Sep-09","Dec-09","Mar-10","Jun-10","Sep-10","Dec-10","Mar-11","Jun-11","Sep-11","Dec-11","Mar-12","Jun-12","Sep-12","Dec-12","Mar-13","Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25","Sep-25","Dec-25","Mar-26","Jun-26"],[[0.52],[0.53],[0.55],[0.57],[0.57],[0.6],[0.63],[0.64],[0.65],[0.67],[0.67],[0.65],[0.61],[0.6],[0.59],[0.58],[0.58],[0.57],[0.55],[0.56],[0.55],[0.56],[0.57],[0.58],[0.59],[0.58],[0.58],[0.59],[0.59],[0.59],[0.59],[0.59],[0.59],[0.59],[0.58],[0.59],[0.59],[0.6],[0.6],[0.61],[0.6],[0.6],[0.59],[0.59],[0.59],[0.59],[0.58],[0.58],[0.57],[0.58],[0.58],[0.58],[0.57],[0.57],[0.56],[0.58],[0.56],[0.55],[0.53],[0.54],[0.54],[0.54],[0.53],[0.51],[0.52],[0.52],[0.52],[0.52],[0.51],[0.52],[0.53],[0.53],[0.53],[0.53],[0.54],[0.54],[0.54],[0.55],[0.55],[0.55],[0.56]],[[0.52],[0.52],[0.51],[0.5],[0.49],[0.51],[0.54],[0.6],[0.6],[0.69],[0.81],[0.79],[0.7],[0.63],[0.6],[0.6],[0.64],[0.6],[0.55],[0.55],[0.56],[0.63],[0.64],[0.61],[0.66],[0.64],[0.62],[0.61],[0.65],[0.62],[0.63],[0.62],[0.61],[0.63],[0.63],[0.62],[0.63],[0.67],[0.65],[0.65],[0.63],[0.6],[0.59],[0.58],[0.58],[0.57],[0.54],[0.55],[0.53],[0.53],[0.55],[0.52],[0.51],[0.51],[0.5],[0.61],[0.53],[0.51],[0.48],[0.48],[0.46],[0.46],[0.44],[0.43],[0.46],[0.47],[0.45],[0.44],[0.44],[0.45],[0.44],[0.44],[0.44],[0.43],[0.45],[0.46],[0.45],[0.43],[0.43],[0.44],[0.44]]]

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Other private non-financial corporations demand for credit

Other private non-financial corporations demand for credit of $73.5b was driven by:

$43.8b of loan borrowings
$23.6b of equity raising

Business credit has continued to grow alongside high levels of investment in non-dwelling construction.

Other private non-financial corporations' demand for credit
	Total liabilities ($b)	Short-term debt ($b)	Bonds ($b)	Loans ($b)	Equities ($b)
Jun-13	36.0	-3.2	1.8	17.4	21.5
Sep-13	27.8	1.6	6.7	3.0	14.8
Dec-13	40.8	-7.7	8.4	16.2	21.7
Mar-14	10.1	-3.9	-0.7	0.7	11.8
Jun-14	27.3	-3.4	-5.6	22.6	18.8
Sep-14	39.4	-2.6	9.5	1.7	24.9
Dec-14	35.4	-1.8	-5.8	14.6	28.4
Mar-15	42.1	-3.3	8.9	22.9	14.6
Jun-15	28.4	-2.7	10.5	3.2	16.0
Sep-15	45.2	-1.9	-6.1	31.3	16.5
Dec-15	32.1	-2.0	8.6	12.3	14.5
Mar-16	32.7	-2.4	6.3	14.3	12.1
Jun-16	14.0	-3.1	-5.0	3.3	16.0
Sep-16	25.5	-2.1	-4.9	8.0	19.4
Dec-16	59.6	-2.5	2.9	13.5	42.5
Mar-17	15.7	-0.2	-9.9	1.1	15.4
Jun-17	42.7	-1.4	7.6	3.5	28.3
Sep-17	43.9	-3.8	-1.1	4.5	33.8
Dec-17	27.4	-1.2	-5.0	9.6	27.4
Mar-18	43.7	-0.6	3.4	14.1	22.1
Jun-18	13.0	-2.4	9.1	-11.0	18.3
Sep-18	69.6	-3.4	2.3	24.4	43.6
Dec-18	7.3	-2.8	-0.3	5.0	6.9
Mar-19	33.9	-2.6	-1.6	19.5	20.1
Jun-19	34.8	-4.1	8.4	12.5	21.9
Sep-19	25.8	-1.1	1.2	9.2	8.8
Dec-19	14.8	-2.7	0.3	1.4	20.1
Mar-20	58.8	0.7	-7.7	40.8	14.1
Jun-20	-16.7	-2.5	-7.8	-24.8	26.3
Sep-20	4.4	-0.5	-9.8	-12.1	23.2
Dec-20	18.6	-2.6	-12.5	-12.3	30.7
Mar-21	25.8	0.7	2.3	7.7	6.6
Jun-21	11.8	-0.1	-2.7	7.5	5.9
Sep-21	57.6	-1.7	-1.5	13.3	46.6
Dec-21	33.1	-1.7	0.5	-4.6	38.1
Mar-22	166.2	-0.9	4.1	9.4	148.0
Jun-22	41.9	-0.1	0.0	32.3	12.0
Sep-22	60.2	1.9	-4.8	33.8	36.8
Dec-22	6.7	-0.1	-4.3	6.3	9.5
Mar-23	38.4	0.6	3.1	13.6	23.5
Jun-23	-23.0	-3.8	3.2	-2.3	-7.6
Sep-23	60.7	2.8	-2.7	21.2	29.9
Dec-23	32.1	1.1	3.3	10.9	11.6
Mar-24	45.5	-3.3	7.8	14.0	25.1
Jun-24	26.7	0.2	5.5	8.1	24.0
Sep-24	35.2	-0.2	5.0	14.1	13.3
Dec-24	49.6	-0.9	4.1	28.9	24.2
Mar-25	34.9	0.6	4.6	20.7	20.9
Jun-25	36.1	0.6	2.0	13.7	25.1
Sep-25	57.5	-0.1	0.4	26.6	27.3
Dec-25	32.6	0.2	5.5	8.0	20.3
Mar-26	47.7	0.2	-4.2	23.8	30.0
Jun-26	64.7	-1.1	7.2	43.8	23.6

Other private non-financial corporations' demand for credit

["","Total liabilities","Short-term debt","Bonds","Loans","Equities"]

[["Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25","Sep-25","Dec-25","Mar-26","Jun-26"],[[36],[27.8],[40.8],[10.1],[27.3],[39.4],[35.4],[42.1],[28.4],[45.2],[32.1],[32.7],[14],[25.5],[59.6],[15.7],[42.7],[43.9],[27.4],[43.7],[13],[69.6],[7.3],[33.9],[34.8],[25.8],[14.8],[58.8],[-16.7],[4.4],[18.6],[25.8],[11.8],[57.6],[33.1],[166.2],[41.9],[60.2],[6.7],[38.4],[-23],[60.7],[32.1],[45.5],[26.7],[35.2],[49.6],[34.9],[36.1],[57.5],[32.6],[47.7],[64.7]],[[-3.2],[1.6],[-7.7],[-3.9],[-3.4],[-2.6],[-1.8],[-3.3],[-2.7],[-1.9],[-2],[-2.4],[-3.1],[-2.1],[-2.5],[-0.2],[-1.4],[-3.8],[-1.2],[-0.6],[-2.4],[-3.4],[-2.8],[-2.6],[-4.1],[-1.1],[-2.7],[0.7],[-2.5],[-0.5],[-2.6],[0.7],[-0.1],[-1.7],[-1.7],[-0.9],[-0.1],[1.9],[-0.1],[0.6],[-3.8],[2.8],[1.1],[-3.3],[0.2],[-0.2],[-0.9],[0.6],[0.6],[-0.1],[0.2],[0.2],[-1.1]],[[1.8],[6.7],[8.4],[-0.7],[-5.6],[9.5],[-5.8],[8.9],[10.5],[-6.1],[8.6],[6.3],[-5],[-4.9],[2.9],[-9.9],[7.6],[-1.1],[-5],[3.4],[9.1],[2.3],[-0.3],[-1.6],[8.4],[1.2],[0.3],[-7.7],[-7.8],[-9.8],[-12.5],[2.3],[-2.7],[-1.5],[0.5],[4.1],[0],[-4.8],[-4.3],[3.1],[3.2],[-2.7],[3.3],[7.8],[5.5],[5],[4.1],[4.6],[2],[0.4],[5.5],[-4.2],[7.2]],[[17.4],[3],[16.2],[0.7],[22.6],[1.7],[14.6],[22.9],[3.2],[31.3],[12.3],[14.3],[3.3],[8],[13.5],[1.1],[3.5],[4.5],[9.6],[14.1],[-11],[24.4],[5],[19.5],[12.5],[9.2],[1.4],[40.8],[-24.8],[-12.1],[-12.3],[7.7],[7.5],[13.3],[-4.6],[9.4],[32.3],[33.8],[6.3],[13.6],[-2.3],[21.2],[10.9],[14],[8.1],[14.1],[28.9],[20.7],[13.7],[26.6],[8],[23.8],[43.8]],[[21.5],[14.8],[21.7],[11.8],[18.8],[24.9],[28.4],[14.6],[16],[16.5],[14.5],[12.1],[16],[19.4],[42.5],[15.4],[28.3],[33.8],[27.4],[22.1],[18.3],[43.6],[6.9],[20.1],[21.9],[8.8],[20.1],[14.1],[26.3],[23.2],[30.7],[6.6],[5.9],[46.6],[38.1],[148],[12],[36.8],[9.5],[23.5],[-7.6],[29.9],[11.6],[25.1],[24],[13.3],[24.2],[20.9],[25.1],[27.3],[20.3],[30],[23.6]]]

[]

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Financial corporations

Financial assets and liabilities

Financial corporations' financial assets, $b
	Amounts outstanding, Mar-25	Transactions, Jun-26	Other changes, Jun-26	Amounts outstanding, Jun-26
Central bank	373.4	-15.4	2.6	360.6
Authorised deposit taking institutions	5923.8	-136.0	242.5	6030.3
Other broad money institutions	272.1	19.0	-0.8	290.3
Pension funds	3832.5	50.1	193.9	4076.5
Life insurance corporations	164.5	-0.8	5.7	169.5
Non-life insurance corporations	334.8	4.4	7.9	347.1
Money market investment funds	33.0	1.4	0.0	34.4
Non-money market investment funds	1436.9	-1.7	78.9	1514.1
Central borrowing authorities	819.3	22.1	2.9	844.4
Securitisers	721.2	26.8	-0.1	747.9
Other financial corporations	112.8	-34.8	35.2	113.2

Financial corporations' liabilities, $b
	Amounts outstanding, Mar-26	Transactions, Jun-26	Other changes, Jun-26	Amounts outstanding, Jun-26
Central bank	374.0	-11.0	-0.6	362.4
Authorised deposit taking institutions	6290.4	-153.9	218.3	6354.7
Other broad money institutions	196.1	9.6	5.0	210.7
Pension funds	4123.1	53.6	193.9	4370.6
Life insurance corporations	164.7	-0.8	6.8	170.7
Non-life insurance corporations	363.6	2.8	15.7	382.1
Money market investment funds	33.0	1.5	-0.1	34.4
Non-money market investment funds	1710.0	8.4	121.5	1840.0
Central borrowing authorities	796.0	29.2	-0.5	824.6
Securitisers	808.9	29.2	2.8	840.9
Other financial corporations	223.7	-34.8	32.6	221.5

Authorised deposit-taking institutions (ADIs)

Financial assets

Authorised deposit-taking institutions' selected financial assets, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total assets	-55.0	5779.7	-192.4	5923.8	-136.0	6030.3
Deposits	1.0	314.8	-23.2	290.6	-1.3	289.3
Bonds	2.2	1114.0	22.9	1128.5	42.9	1185.3
	Securitisers	5.9	537.5	15.5	552.9	8.9	567.4
	National general government	-16.5	128.3	-0.2	127.1	9.8	138.7
Loans	66.4	3703.5	99.6	3798.7	57.0	3854.9
Other assets	-124.6	647.4	-291.6	706.0	-234.5	700.8

Liabilities

Authorised deposit-taking institutions' selected liabilities, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total liabilities		-57.6	6161.5	-211.7	6290.4	-153.9	6354.7
Deposits	88.1	3767.2	29.3	3782.2	81.9	3864.6
	Other private non-fin corps	5.7	862.3	14.6	871.2	37.4	907.7
	Pension funds	-2.0	313.2	15.5	328.3	11.0	339.2
	Households	55.6	1907.0	23.0	1929.4	-0.4	1928.7
Bonds	14.2	687.8	16.9	687.4	2.1	690.9
Shares and equities	2.7	827.1	-0.9	835.6	-0.1	821.3
Other liabilities	-162.5	879.4	-256.9	985.1	-237.9	977.8

Total financial assets of ADIs increased $106.5b, reflecting a:

$56.8b rise in bonds
$56.2b rise in loans
$7.2b rise in equities

This was partly offset by a:

$14.6b decrease in derivatives
$2.8b decrease in short-term debt
$1.3b decrease in deposits

ADIs increased their holdings of bonds issued by central borrowing authorities, securitisers, national general government and rest of world. Falling bond yields led to an increase in bond valuations, while an appreciation of the AUD decreased the valuation of bonds issued by rest of world. Growth in ADI lending activity was driven by loans to households and businesses, partially offset by a reduction in loans to rest of world.

Change in authorised deposit taking institutions' assets
	Total assets ($b)	Deposits ($b)	Short-term debt ($b)	Bonds ($b)	Derivatives ($b)	Loans ($b)	Equities ($b)	Other accounts ($b)
Jun-13	78.4	-4.2	-9.6	32.0	36.3	24.1	-1.1	2.1
Sep-13	18.2	-0.6	-0.7	21.2	-35.0	25.5	10.2	-2.8
Dec-13	89.2	17.4	-7.5	-4.3	31.5	36.3	8.2	5.1
Mar-14	20.3	-0.2	-8.5	25.5	-22.2	26.4	0.6	0.8
Jun-14	63.7	2.1	1.9	15.6	-3.5	45.7	0.2	1.8
Sep-14	94.4	3.3	-0.3	40.3	44.5	12.3	-5.5	0.1
Dec-14	114.1	-5.4	2.6	48.0	47.6	14.0	6.7	-1.6
Mar-15	145.1	-1.2	-3.5	32.3	34.4	59.8	19.6	4.1
Jun-15	-3.0	-4.0	-5.9	-3.6	-52.3	71.7	-8.3	1.1
Sep-15	138.6	5.2	0.6	23.8	72.0	46.9	-11.9	1.6
Dec-15	-14.7	4.6	-6.1	13.2	-64.2	26.0	11.8	-1.6
Mar-16	46.8	1.3	-1.4	5.6	40.8	13.5	-14.9	2.7
Jun-16	79.7	-0.3	-8.6	26.8	25.8	36.3	-1.6	2.4
Sep-16	5.7	-2.0	-4.7	12.2	-36.8	31.2	5.8	-0.7
Dec-16	64.5	1.4	-1.9	-5.3	0.4	65.0	6.8	-3.7
Mar-17	-26.0	4.0	-5.2	11.4	-49.7	6.7	4.7	3.4
Jun-17	52.9	0.8	-5.8	-39.2	11.5	91.4	-9.7	4.5
Sep-17	-21.5	-2.8	-2.0	-18.7	-18.3	19.8	2.6	-2.3
Dec-17	21.4	-1.9	-4.5	12.1	12.0	2.9	5.4	-5.8
Mar-18	80.5	15.6	-0.3	2.6	18.8	50.6	-10.2	4.3
Jun-18	33.7	-0.9	-3.7	-8.5	15.1	29.3	4.7	-1.0
Sep-18	3.3	3.5	-6.4	3.3	-17.4	19.4	0.2	0.1
Dec-18	53.5	0.1	0.9	2.9	28.7	28.4	-10.5	1.1
Mar-19	34.8	1.6	-2.3	16.2	7.6	-0.9	8.2	4.7
Jun-19	67.6	1.7	-2.8	22.6	56.3	-12.3	2.4	-0.3
Sep-19	113.0	5.0	-1.8	17.8	55.5	28.6	9.2	-0.8
Dec-19	-39.8	3.7	4.3	-19.0	-52.7	19.7	5.0	-1.9
Mar-20	476.9	79.7	7.0	215.9	251.9	-56.0	-42.1	19.3
Jun-20	-191.9	-28.7	5.9	132.7	-115.6	-159.0	-21.8	-3.1
Sep-20	-64.3	-21.7	-11.4	-36.5	-40.3	28.7	-3.4	20.2
Dec-20	27.3	48.8	-7.2	-80.1	23.4	31.0	16.9	-6.6
Mar-21	6.8	97.0	-3.2	-88.6	-83.6	41.3	37.4	7.3
Jun-21	37.8	132.9	-0.2	-130.4	-25.4	30.8	12.6	18.6
Sep-21	127.0	48.2	-1.7	19.5	-9.9	64.4	6.1	0.5
Dec-21	110.6	33.6	7.1	4.4	-2.8	80.7	3.4	-16.7
Mar-22	167.4	26.6	5.6	63.9	81.1	-18.4	3.1	5.9
Jun-22	315.3	-12.0	12.2	39.6	172.2	112.7	-8.6	-1.0
Sep-22	241.0	24.3	3.5	2.9	151.5	81.2	-17.4	-4.5
Dec-22	-50.6	-0.3	3.2	5.0	-105.1	38.5	10.0	-2.7
Mar-23	-78.3	-12.5	-2.2	-7.1	-107.8	51.8	-5.0	4.2
Jun-23	93.0	-28.5	-9.5	22.7	76.3	30.8	5.7	-4.4
Sep-23	117.5	-53.0	7.8	95.9	47.8	33.4	-4.6	-8.6
Dec-23	-53.0	-6.2	14.1	-9.9	-123.0	61.0	15.5	-5.8
Mar-24	-73.2	-20.0	-4.8	36.9	-133.5	30.3	22.5	-5.4
Jun-24	33.1	-103.3	-14.2	145.0	-60.2	81.8	3.3	-19.0
Sep-24	98.1	11.3	4.5	-21.2	-5.4	98.1	15.4	-3.6
Dec-24	254.5	17.8	1.5	-0.5	109.4	120.1	5.1	0.3
Mar-25	-94.2	-26.5	8.0	23.4	-127.2	36.5	-10.4	2.2
Jun-25	103.9	3.8	-14.0	31.1	5.4	52.0	22.5	3.0
Sep-25	50.0	-18.7	-5.4	-7.9	-16.6	97.1	-5.4	6.8
Dec-25	98.9	0.9	22.6	-8.0	12.9	64.8	9.7	-5.9
Mar-26	144.2	-24.2	-6.2	14.6	73.0	95.2	-8.5	1.2
Jun-26	106.5	-1.3	-2.8	56.8	-14.6	56.2	7.2	5.5

Change in authorised deposit taking institutions' assets

["","Total assets","Deposits","Short-term debt","Bonds","Derivatives","Loans","Equities","Other accounts"]

[["Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25","Sep-25","Dec-25","Mar-26","Jun-26"],[[78.4],[18.2],[89.2],[20.3],[63.7],[94.4],[114.1],[145.1],[-3],[138.6],[-14.7],[46.8],[79.7],[5.7],[64.5],[-26],[52.9],[-21.5],[21.4],[80.5],[33.7],[3.3],[53.5],[34.8],[67.6],[113],[-39.8],[476.9],[-191.9],[-64.3],[27.3],[6.8],[37.8],[127],[110.6],[167.4],[315.3],[241],[-50.6],[-78.3],[93],[117.5],[-53],[-73.2],[33.1],[98.1],[254.5],[-94.2],[103.9],[50],[98.9],[144.2],[106.5]],[[-4.2],[-0.6],[17.4],[-0.2],[2.1],[3.3],[-5.4],[-1.2],[-4],[5.2],[4.6],[1.3],[-0.3],[-2],[1.4],[4],[0.8],[-2.8],[-1.9],[15.6],[-0.9],[3.5],[0.1],[1.6],[1.7],[5],[3.7],[79.7],[-28.7],[-21.7],[48.8],[97],[132.9],[48.2],[33.6],[26.6],[-12],[24.3],[-0.3],[-12.5],[-28.5],[-53],[-6.2],[-20],[-103.3],[11.3],[17.8],[-26.5],[3.8],[-18.7],[0.9],[-24.2],[-1.3]],[[-9.6],[-0.7],[-7.5],[-8.5],[1.9],[-0.3],[2.6],[-3.5],[-5.9],[0.6],[-6.1],[-1.4],[-8.6],[-4.7],[-1.9],[-5.2],[-5.8],[-2],[-4.5],[-0.3],[-3.7],[-6.4],[0.9],[-2.3],[-2.8],[-1.8],[4.3],[7],[5.9],[-11.4],[-7.2],[-3.2],[-0.2],[-1.7],[7.1],[5.6],[12.2],[3.5],[3.2],[-2.2],[-9.5],[7.8],[14.1],[-4.8],[-14.2],[4.5],[1.5],[8],[-14],[-5.4],[22.6],[-6.2],[-2.8]],[[32],[21.2],[-4.3],[25.5],[15.6],[40.3],[48],[32.3],[-3.6],[23.8],[13.2],[5.6],[26.8],[12.2],[-5.3],[11.4],[-39.2],[-18.7],[12.1],[2.6],[-8.5],[3.3],[2.9],[16.2],[22.6],[17.8],[-19],[215.9],[132.7],[-36.5],[-80.1],[-88.6],[-130.4],[19.5],[4.4],[63.9],[39.6],[2.9],[5],[-7.1],[22.7],[95.9],[-9.9],[36.9],[145],[-21.2],[-0.5],[23.4],[31.1],[-7.9],[-8],[14.6],[56.8]],[[36.3],[-35],[31.5],[-22.2],[-3.5],[44.5],[47.6],[34.4],[-52.3],[72],[-64.2],[40.8],[25.8],[-36.8],[0.4],[-49.7],[11.5],[-18.3],[12],[18.8],[15.1],[-17.4],[28.7],[7.6],[56.3],[55.5],[-52.7],[251.9],[-115.6],[-40.3],[23.4],[-83.6],[-25.4],[-9.9],[-2.8],[81.1],[172.2],[151.5],[-105.1],[-107.8],[76.3],[47.8],[-123],[-133.5],[-60.2],[-5.4],[109.4],[-127.2],[5.4],[-16.6],[12.9],[73],[-14.6]],[[24.1],[25.5],[36.3],[26.4],[45.7],[12.3],[14],[59.8],[71.7],[46.9],[26],[13.5],[36.3],[31.2],[65],[6.7],[91.4],[19.8],[2.9],[50.6],[29.3],[19.4],[28.4],[-0.9],[-12.3],[28.6],[19.7],[-56],[-159],[28.7],[31],[41.3],[30.8],[64.4],[80.7],[-18.4],[112.7],[81.2],[38.5],[51.8],[30.8],[33.4],[61],[30.3],[81.8],[98.1],[120.1],[36.5],[52],[97.1],[64.8],[95.2],[56.2]],[[-1.1],[10.2],[8.2],[0.6],[0.2],[-5.5],[6.7],[19.6],[-8.3],[-11.9],[11.8],[-14.9],[-1.6],[5.8],[6.8],[4.7],[-9.7],[2.6],[5.4],[-10.2],[4.7],[0.2],[-10.5],[8.2],[2.4],[9.2],[5],[-42.1],[-21.8],[-3.4],[16.9],[37.4],[12.6],[6.1],[3.4],[3.1],[-8.6],[-17.4],[10],[-5],[5.7],[-4.6],[15.5],[22.5],[3.3],[15.4],[5.1],[-10.4],[22.5],[-5.4],[9.7],[-8.5],[7.2]],[[2.1],[-2.8],[5.1],[0.8],[1.8],[0.1],[-1.6],[4.1],[1.1],[1.6],[-1.6],[2.7],[2.4],[-0.7],[-3.7],[3.4],[4.5],[-2.3],[-5.8],[4.3],[-1],[0.1],[1.1],[4.7],[-0.3],[-0.8],[-1.9],[19.3],[-3.1],[20.2],[-6.6],[7.3],[18.6],[0.5],[-16.7],[5.9],[-1],[-4.5],[-2.7],[4.2],[-4.4],[-8.6],[-5.8],[-5.4],[-19],[-3.6],[0.3],[2.2],[3],[6.8],[-5.9],[1.2],[5.5]]]

[]

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Liabilities of ADIs increased $64.3b, with a:

$82.4b increase in deposits
$15.9b increase in short-term debt
$3.8b increase in loans

This was partly offset by a:

$28.8b decrease in derivatives
$14.3b decrease in shares and equities

Growth in ADI deposits was primarily driven by private non-financial corporations, rest of world and pension funds. The fall in equity values reflected weak performance in listed ADIs over the quarter.

Change in authorised deposit taking institutions' liabilities
	Total liabilities ($b)	Deposits ($b)	Short-term debt ($b)	Bonds ($b)	Derivatives ($b)	Loans ($b)	Equities ($b)	Other accounts ($b)
Jun-13	92.7	13.9	30.7	14.6	31.9	1.9	-3.8	3.4
Sep-13	56	51.2	-17.8	6.2	-18.1	0.7	33	0.8
Dec-13	101.7	41.3	1.7	15.2	17.1	5.4	21.6	-0.7
Mar-14	37.2	15.7	13.7	-5	-3.8	0.7	13.4	2.6
Jun-14	59.7	34.9	18	2.8	1.3	1.4	0.7	0.6
Sep-14	72.1	37.4	-5.7	16	37.7	9.8	-22.3	-0.7
Dec-14	146.3	38.5	19.8	18.7	44.1	-7.2	31.4	1.1
Mar-15	177.1	43.2	11	11.4	40.2	1.3	65.7	4.2
Jun-15	-71.8	8.2	9.5	10.4	-55.8	3.2	-49.2	1.8
Sep-15	114	66.9	-2.5	29.7	52.1	7.8	-39.6	-0.4
Dec-15	53.1	23.4	5.7	0.9	-32	6	49.2	-0.1
Mar-16	-8.2	9.6	-18.4	0.2	55.5	1.1	-58.4	2.1
Jun-16	78.5	51.5	0	13.9	14.1	-2	-0.7	1.7
Sep-16	2.3	43.2	-11.1	-12.5	-33.7	-4.4	20.5	0.4
Dec-16	120.2	68.4	13.9	-7.1	-4.5	4.3	48.5	-3.2
Mar-17	-24.4	0.9	1.1	-15.8	-32.9	-3.8	26.8	-0.8
Jun-17	36.2	34.8	17.1	3.5	11.9	5.4	-38.7	2.3
Sep-17	-16.8	-0.2	11.1	0.7	-28	-3.3	2.5	0.5
Dec-17	47.4	34.6	-13.5	6.6	11.5	7.6	4.8	-4.2
Mar-18	36.6	10.2	11.1	26.4	6.6	5.3	-29.3	6.4
Jun-18	55	14.2	3.2	9.1	18.7	-0.2	13.6	-3.6
Sep-18	13.8	32.5	-28.9	14.9	-9.1	5.9	-6	4.6
Dec-18	10.6	2.5	22	4.8	20.6	-1.3	-33.2	-4.8
Mar-19	43.3	7.5	-1.1	-9.4	13.9	14.1	12.5	5.8
Jun-19	127.1	23.6	-24	12.8	58.6	10.4	39.9	5.9
Sep-19	119.4	49	-6.3	6.7	52.7	9.8	12.5	-5.1
Dec-19	-87.3	4.6	21.8	-27.7	-38.3	-0.9	-41.2	-5.7
Mar-20	337.2	189.4	-13.1	36.6	205.9	29.3	-130.8	19.9
Jun-20	-101.3	8.8	-24.8	-38	-70	-15.3	44.3	-6.3
Sep-20	-77.8	68.5	-24.7	-31.4	-54.9	-16.1	-19.8	0.6
Dec-20	93.8	4.1	13.1	-22	35.8	-14.1	85.1	-8.1
Mar-21	6.7	33.9	19	-29.5	-99.6	16.8	60.3	5.7
Jun-21	60.2	42.9	5.8	3.3	-29.7	8.2	32.1	-2.4
Sep-21	142.7	93.8	20.1	-3.6	-11.9	8.5	25.2	10.4
Dec-21	85.7	58.4	49.2	-4.3	1.3	16.4	-17	-18.2
Mar-22	173.3	58.1	-11.5	-14.1	95.3	13.4	22.2	9.9
Jun-22	206.6	98.6	35	16.5	152.6	-1.6	-96.5	1.9
Sep-22	224.7	61.1	-4.1	5.4	151.8	0.8	12.5	-2.7
Dec-22	10.8	23.1	15.8	20.9	-73.6	-13.5	45.4	-7.3
Mar-23	-82.3	41.8	-10	31.1	-126.7	-11.6	-17.2	10.4
Jun-23	92	-4	-3.2	13.7	84.4	2.1	2.4	-3.4
Sep-23	115.3	40.4	12.2	14.5	47	-6.8	10	-2.1
Dec-23	-15.9	21.1	19.9	24.2	-107.4	-8.4	39.4	-4.7
Mar-24	-34.2	46.9	-6.2	30	-154.8	-8.3	54.7	3.6
Jun-24	25.6	12	31.7	17.1	-59	-3.3	20.1	7
Sep-24	134.4	92.4	-15	23.9	-5.1	2.5	42.1	-6.4
Dec-24	291	139.9	16.7	38.6	63.8	15.8	20.9	-4.7
Mar-25	-113	11.4	-16.3	15.1	-98.5	-3.6	-28.1	7.2
Jun-25	196	94.9	-8.5	1.5	27.9	-14.8	94.5	0.4
Sep-25	78.6	76	12.5	2.3	-21.5	-4.1	9.9	3.5
Dec-25	87.4	81.4	-7.8	4.6	22.6	3.9	-14.6	-2.7
Mar-26	128.9	15	28.5	-0.5	60.8	11	8.6	5.4
Jun-26	64.3	82.4	15.9	3.5	-28.8	3.8	-14.3	1.8

Change in authorised deposit taking institutions' liabilities

["","Total liabilities","Deposits","Short-term debt","Bonds","Derivatives","Loans","Equities","Other accounts"]

[["Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25","Sep-25","Dec-25","Mar-26","Jun-26"],[[92.7],[56],[101.7],[37.2],[59.7],[72.1],[146.3],[177.1],[-71.8],[114],[53.1],[-8.2],[78.5],[2.3],[120.2],[-24.4],[36.2],[-16.8],[47.4],[36.6],[55],[13.8],[10.6],[43.3],[127.1],[119.4],[-87.3],[337.2],[-101.3],[-77.8],[93.8],[6.7],[60.2],[142.7],[85.7],[173.3],[206.6],[224.7],[10.8],[-82.3],[92],[115.3],[-15.9],[-34.2],[25.6],[134.4],[291],[-113],[196],[78.6],[87.4],[128.9],[64.3]],[[13.9],[51.2],[41.3],[15.7],[34.9],[37.4],[38.5],[43.2],[8.2],[66.9],[23.4],[9.6],[51.5],[43.2],[68.4],[0.9],[34.8],[-0.2],[34.6],[10.2],[14.2],[32.5],[2.5],[7.5],[23.6],[49],[4.6],[189.4],[8.8],[68.5],[4.1],[33.9],[42.9],[93.8],[58.4],[58.1],[98.6],[61.1],[23.1],[41.8],[-4],[40.4],[21.1],[46.9],[12],[92.4],[139.9],[11.4],[94.9],[76],[81.4],[15],[82.4]],[[30.7],[-17.8],[1.7],[13.7],[18],[-5.7],[19.8],[11],[9.5],[-2.5],[5.7],[-18.4],[0],[-11.1],[13.9],[1.1],[17.1],[11.1],[-13.5],[11.1],[3.2],[-28.9],[22],[-1.1],[-24],[-6.3],[21.8],[-13.1],[-24.8],[-24.7],[13.1],[19],[5.8],[20.1],[49.2],[-11.5],[35],[-4.1],[15.8],[-10],[-3.2],[12.2],[19.9],[-6.2],[31.7],[-15],[16.7],[-16.3],[-8.5],[12.5],[-7.8],[28.5],[15.9]],[[14.6],[6.2],[15.2],[-5],[2.8],[16],[18.7],[11.4],[10.4],[29.7],[0.9],[0.2],[13.9],[-12.5],[-7.1],[-15.8],[3.5],[0.7],[6.6],[26.4],[9.1],[14.9],[4.8],[-9.4],[12.8],[6.7],[-27.7],[36.6],[-38],[-31.4],[-22],[-29.5],[3.3],[-3.6],[-4.3],[-14.1],[16.5],[5.4],[20.9],[31.1],[13.7],[14.5],[24.2],[30],[17.1],[23.9],[38.6],[15.1],[1.5],[2.3],[4.6],[-0.5],[3.5]],[[31.9],[-18.1],[17.1],[-3.8],[1.3],[37.7],[44.1],[40.2],[-55.8],[52.1],[-32],[55.5],[14.1],[-33.7],[-4.5],[-32.9],[11.9],[-28],[11.5],[6.6],[18.7],[-9.1],[20.6],[13.9],[58.6],[52.7],[-38.3],[205.9],[-70],[-54.9],[35.8],[-99.6],[-29.7],[-11.9],[1.3],[95.3],[152.6],[151.8],[-73.6],[-126.7],[84.4],[47],[-107.4],[-154.8],[-59],[-5.1],[63.8],[-98.5],[27.9],[-21.5],[22.6],[60.8],[-28.8]],[[1.9],[0.7],[5.4],[0.7],[1.4],[9.8],[-7.2],[1.3],[3.2],[7.8],[6],[1.1],[-2],[-4.4],[4.3],[-3.8],[5.4],[-3.3],[7.6],[5.3],[-0.2],[5.9],[-1.3],[14.1],[10.4],[9.8],[-0.9],[29.3],[-15.3],[-16.1],[-14.1],[16.8],[8.2],[8.5],[16.4],[13.4],[-1.6],[0.8],[-13.5],[-11.6],[2.1],[-6.8],[-8.4],[-8.3],[-3.3],[2.5],[15.8],[-3.6],[-14.8],[-4.1],[3.9],[11],[3.8]],[[-3.8],[33],[21.6],[13.4],[0.7],[-22.3],[31.4],[65.7],[-49.2],[-39.6],[49.2],[-58.4],[-0.7],[20.5],[48.5],[26.8],[-38.7],[2.5],[4.8],[-29.3],[13.6],[-6],[-33.2],[12.5],[39.9],[12.5],[-41.2],[-130.8],[44.3],[-19.8],[85.1],[60.3],[32.1],[25.2],[-17],[22.2],[-96.5],[12.5],[45.4],[-17.2],[2.4],[10],[39.4],[54.7],[20.1],[42.1],[20.9],[-28.1],[94.5],[9.9],[-14.6],[8.6],[-14.3]],[[3.4],[0.8],[-0.7],[2.6],[0.6],[-0.7],[1.1],[4.2],[1.8],[-0.4],[-0.1],[2.1],[1.7],[0.4],[-3.2],[-0.8],[2.3],[0.5],[-4.2],[6.4],[-3.6],[4.6],[-4.8],[5.8],[5.9],[-5.1],[-5.7],[19.9],[-6.3],[0.6],[-8.1],[5.7],[-2.4],[10.4],[-18.2],[9.9],[1.9],[-2.7],[-7.3],[10.4],[-3.4],[-2.1],[-4.7],[3.6],[7],[-6.4],[-4.7],[7.2],[0.4],[3.5],[-2.7],[5.4],[1.8]]]

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Pension (superannuation) funds

Financial assets

Pension (superannuation) funds' selected financial assets, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total assets	21.1	3907.3	33.4	3832.5	50.1	4076.5
Deposits	-4.2	323.2	18.6	341.1	10.9	351.9
Debt securities	-6.5	263.9	11.9	272.1	14.2	288.5
Shares and equity	35.2	3256.7	10.2	3153.4	32.9	3371.7
	Other private non-fin corps	1.1	561.6	2.0	541.1	1.7	570.2
	Non-money market investment funds	12.5	1193.0	-5.9	1165.6	12.0	1245.9
	Rest of world	17.7	857.1	11.2	811.0	18.3	910.8
Net equity in life offices	-0.4	10.5	0.1	10.3	-0.3	10.4
Other assets	-3.0	52.9	-7.5	55.6	-7.6	54.0

Liabilities

Pension (superannuation) funds' selected liabilities, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total liabilities	24.3	4196.9	25.4	4123.1	53.6	4370.6
Net equity in reserves	27.8	4137.3	28.6	4056.1	55.3	4298.7
	Households	27.5	4126.2	28.3	4045.2	55.0	4286.1
Other liabilities	-3.4	59.6	-3.2	67.0	-1.7	71.9

Total financial assets of pension (superannuation funds) increased by 6.4% ($244.0b), with a:

$218.3b increase in shares and equity
$16.5b increase in debt securities
$10.8b increase in deposits
$10.4b increase in bonds

Strong equity market performance drove holding gains on share and equity assets. Pension funds also saw strong transactional gains driven by increased investment into unlisted equities by Rest of World.

Pension funds' financial assets
	Total assets (RHS) ($b)	Revaluations (LHS) ($b)	Transactions (LHS) ($b)
Jun-13	1,378.8	-20.6	38.2
Sep-13	1,454.8	62.5	13.5
Dec-13	1,508.7	28.7	25.2
Mar-14	1,544.3	14.8	20.8
Jun-14	1,575.8	-0.5	32.0
Sep-14	1,611.6	11.8	24.1
Dec-14	1,665.8	32.3	21.9
Mar-15	1,762.5	79.9	16.8
Jun-15	1,745	-52.3	34.8
Sep-15	1,719	-45.6	19.6
Dec-15	1,775.1	39.5	16.5
Mar-16	1,748.7	-33.8	7.5
Jun-16	1,821.6	42.7	30.2
Sep-16	1,895.5	61.4	12.5
Dec-16	1,947.7	33.0	19.3
Mar-17	2,001.8	35.0	19.1
Jun-17	2,050.6	9.3	39.5
Sep-17	2,064.4	2.9	10.8
Dec-17	2,158.1	73.0	20.8
Mar-18	2,143.7	-29.5	15.1
Jun-18	2,217.9	50.4	23.8
Sep-18	2,263.3	32.4	13.0
Dec-18	2,150.2	-127.5	14.5
Mar-19	2,281.1	116.2	14.7
Jun-19	2,382.9	74.7	27.1
Sep-19	2,441.6	46.7	12.0
Dec-19	2,494.9	30.0	23.3
Mar-20	2,239.1	-269.7	13.9
Jun-20	2,376.3	130.3	7.0
Sep-20	2,409.4	26.9	6.2
Dec-20	2,568.1	142.5	16.2
Mar-21	2,636.8	49.1	19.6
Jun-21	2,793.2	123.9	32.4
Sep-21	2,851.3	41.4	16.7
Dec-21	2,935.4	65.1	18.9
Mar-22	2,880.5	-72.3	17.4
Jun-22	2,709.9	-201.0	30.5
Sep-22	2,709.2	-15.7	15.0
Dec-22	2,806.6	85.7	11.7
Mar-23	2,918.4	84.8	27.0
Jun-23	2,986.1	37.9	29.8
Sep-23	2,993.6	-14.9	22.4
Dec-23	3,136.9	125.9	17.3
Mar-24	3,280.9	122.4	21.6
Jun-24	3,294.3	-14.8	28.3
Sep-24	3,443.4	126.0	23.1
Dec-24	3,536.4	72.4	20.6
Mar-25	3,494.9	-52.1	10.6
Jun-25	3,700.6	164.7	41.0
Sep-25	3,860.4	133.3	26.5
Dec-25	3,907.3	25.8	21.1
Mar-26	3,832.5	-108.2	33.4
Jun-26	4,076.5	193.9	50.1

Pension funds' financial assets

["","Total assets (RHS)","Revaluations (LHS)","Transactions (LHS)"]

[["Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25","Sep-25","Dec-25","Mar-26","Jun-26"],[[1378.8],[1454.8],[1508.7],[1544.3],[1575.8],[1611.6],[1665.8],[1762.5],[1745],[1719],[1775.1],[1748.7],[1821.6],[1895.5],[1947.7],[2001.8],[2050.6],[2064.4],[2158.1],[2143.7],[2217.9],[2263.3],[2150.2],[2281.1],[2382.9],[2441.6],[2494.9],[2239.1],[2376.3],[2409.4],[2568.1],[2636.8],[2793.2],[2851.3],[2935.4],[2880.5],[2709.9],[2709.2],[2806.6],[2918.4],[2986.1],[2993.6],[3136.9],[3280.9],[3294.3],[3443.4],[3536.4],[3494.9],[3700.6],[3860.4],[3907.3],[3832.5],[4076.5]],[[-20.6],[62.5],[28.7],[14.8],[-0.5],[11.8],[32.3],[79.9],[-52.3],[-45.6],[39.5],[-33.8],[42.7],[61.4],[33],[35],[9.3],[2.9],[73],[-29.5],[50.4],[32.4],[-127.5],[116.2],[74.7],[46.7],[30],[-269.7],[130.3],[26.9],[142.5],[49.1],[123.9],[41.4],[65.1],[-72.3],[-201],[-15.7],[85.7],[84.8],[37.9],[-14.9],[125.9],[122.4],[-14.8],[126],[72.4],[-52.1],[164.7],[133.3],[25.8],[-108.2],[193.9]],[[38.2],[13.5],[25.2],[20.8],[32],[24.1],[21.9],[16.8],[34.8],[19.6],[16.5],[7.5],[30.2],[12.5],[19.3],[19.1],[39.5],[10.8],[20.8],[15.1],[23.8],[13],[14.5],[14.7],[27.1],[12],[23.3],[13.9],[7],[6.2],[16.2],[19.6],[32.4],[16.7],[18.9],[17.4],[30.5],[15],[11.7],[27],[29.8],[22.4],[17.3],[21.6],[28.3],[23.1],[20.6],[10.6],[41],[26.5],[21.1],[33.4],[50.1]]]

[]

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Government

National general government financial assets

National general government selected financial assets, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total assets	-15.3	744.0	34.4	777.7	-33.5	761.8
Deposits	-19.6	114.1	32.4	145.9	-22.9	122.8
	Central bank	-21.1	71.5	29.2	100.7	-19.9	80.8
	Authorised deposit taking institutions	1.8	32.2	1.2	32.9	-1.2	31.6
One name paper	-1.1	25.5	-0.8	24.3	6.0	30.1
Shares and equity	5.7	266.9	4.0	263.3	0.1	276.6
Other assets	-0.3	337.6	-1.2	344.2	-16.7	332.3

National general government liabilities

National general government selected liabilities, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total liabilities	3.4	1444.4	43.2	1498.9	-13.9	1500.8
One name paper	19.3	46.0	-2.1	44.0	-8.4	35.5
Bonds	-14.2	861.8	35.9	892.0	-13.6	888.7
	Central bank	-17.9	188.1	1.4	188.1	-21.6	169.0
	Authorised deposit taking institutions	-16.5	128.3	-0.2	127.1	9.8	138.7
	Rest of world	18.2	442.1	26.2	466.5	2.4	473.4
Other liabilities	-1.7	536.6	9.4	562.9	8.2	576.6

State and local general government financial assets

State and local general government selected financial assets, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total assets	-7.9	769.2	6.2	784.1	-2.3	782.1
Deposits	-4.0	102.8	3.7	106.4	-3.4	103.0
Loans and placements	-2.0	77.4	1.8	79.2	3.5	82.7
Shares and equity	-0.8	553.9	0.8	563.3	-1.4	561.4
	State and local PNFCs	0.0	425.4	0.0	428.0	0.0	437.3
	Other private non-fin corps	-0.2	41.7	0.1	41.5	0.0	42.0
Other assets	-1.1	35.2	0.0	35.2	-1.0	34.9

State and local general government liabilities

State and local general government selected liabilities, $b
	Transactions, Dec-25	Amounts outstanding, Dec-25	Transactions, Mar-26	Amounts outstanding, Mar-26	Transactions, Jun-26	Amounts outstanding, Jun-26
Total liabilities	16.4	731.2	8.6	740.2	6.2	741.0
Loans and placements	16.0	526.1	6.7	532.7	2.6	535.3
	Central borrowing authorities	19.4	499.1	4.4	503.5	9.1	512.6
Unfunded superannuation claims	0.6	100.6	0.5	101.0	0.6	96.2
Other liabilities	-0.3	104.6	1.5	106.5	3.0	109.5

General government

General government (national, and state) were net borrowers of $28.1b. This was driven by a:

$26.3b draw down of deposits

Partly offset by a:

$14.0b net maturity of bonds

Loan liabilities of state and local general government reached record levels of $535.3b as state governments continued to source funding for operating expenses and infrastructure projects.

General government's change in financial position
	Net lending/borrowing ($b)	Deposits ($b)	Notes ($b)	Bonds ($b)	Loans ($b)	Other ($b)
Jun-13	-14.0	1.0	14.3	-8.7	0.6	-21.2
Sep-13	-20.2	6.0	-1.5	-24.7	-11.3	11.4
Dec-13	-10.9	5.6	-0.4	-16.4	-0.3	0.7
Mar-14	-11.0	13.5	8.6	-27.8	-2.5	-2.8
Jun-14	-10.2	-8.4	-3.3	-4.6	1.0	5.1
Sep-14	-18.4	6.5	-1.7	-18.4	-4.5	-0.3
Dec-14	-10.0	0.4	-1.1	-10.8	3.3	-1.8
Mar-15	-3.6	12.2	3.5	-16.0	0.4	-3.8
Jun-15	-8.4	-5.1	-0.2	-7.3	2.1	2.2
Sep-15	-15.0	1.9	-1.9	-26.3	-1.3	12.6
Dec-15	-7.2	-7.0	5.8	-7.6	6.8	-5.2
Mar-16	-8.8	9.3	1.7	-22.1	1.5	0.8
Jun-16	-6.0	1.1	0.5	-4.8	-0.4	-2.4
Sep-16	-22.1	-3.1	3.7	-24.0	-0.7	1.9
Dec-16	-24.1	11.5	0.8	-23.7	4.6	-17.3
Mar-17	2.2	7.9	0.5	-20.7	2.2	12.3
Jun-17	-12.9	15.7	6.9	-19.8	-0.5	-15.2
Sep-17	-18.6	-24.2	0.5	-0.9	-4.0	9.9
Dec-17	-2.5	8.6	-5.6	-14.7	1.7	7.5
Mar-18	-0.9	-1.0	-2.2	-5.1	1.6	5.8
Jun-18	-0.4	5.0	6.2	-11.3	6.2	-6.5
Sep-18	-18.5	-3.3	-0.3	-2.4	-1.8	-10.7
Dec-18	-9.1	-18.2	2.0	-2.3	-3.1	12.5
Mar-19	-0.1	-1.4	1.6	3.7	0.4	-4.5
Jun-19	-9.5	6.6	0.1	-10.5	-2.5	-3.3
Sep-19	-23.6	0.3	-1.3	-13.7	-8.6	-0.4
Dec-19	-14.2	-7.7	-4.0	1.0	-6.3	2.8
Mar-20	-13.4	21.1	-16.3	-15.7	-12.7	10.3
Jun-20	-89.1	46.9	-25.8	-71.0	-26.0	-13.2
Sep-20	-109.9	42.4	0.1	-117.2	-30.5	-4.6
Dec-20	-43.9	-32.3	16.5	-23.0	-21.7	16.6
Mar-21	-14.1	-15.0	14.0	-21.9	-0.5	9.3
Jun-21	-12.0	1.1	4.6	-5.7	1.1	-13.2
Sep-21	-44.3	9.6	0.0	-23.9	-25.5	-4.6
Dec-21	-29.6	8.8	-5.2	-8.4	-6.3	-18.5
Mar-22	-5.4	3.1	3.5	-18.4	0.3	6.2
Jun-22	-11.7	34.3	-8.6	-26.0	-8.1	-3.3
Sep-22	-42.7	-6.4	1.3	4.6	-21.2	-21.0
Dec-22	-12.6	-14.3	-0.5	-1.5	-2.4	6.0
Mar-23	9.7	18.6	-4.9	-11.4	-1.3	8.7
Jun-23	2.8	11.5	10.0	14.9	-3.3	-30.4
Sep-23	-29.8	-10.8	-5.8	-7.2	-14.4	8.4
Dec-23	-26.9	-8.0	4.8	-15.4	-12.2	3.9
Mar-24	-7.4	11.0	-3.2	-4.2	-9.8	-1.2
Jun-24	-18.0	2.2	-3.7	19.4	-13.3	-22.5
Sep-24	-38.4	23.1	0.6	-27.6	-32.3	-2.2
Dec-24	-40.4	-39.8	-8.0	24.0	-17.0	0.3
Mar-25	-19.2	42.5	-17.6	-21.1	-5.8	-17.2
Jun-25	-23.6	-21.4	14.4	14.4	-4.6	-26.4
Sep-25	-58.2	8.7	8.8	-37.7	-33.6	-4.3
Dec-25	-43.0	-23.7	-19.9	12.6	-18.2	6.2
Mar-26	-11.1	36.1	1.2	-36.9	-2.0	-9.6
Jun-26	-28.1	-26.3	14.5	11.8	0.5	-28.6

General government's change in financial position

["","Net lending\/borrowing","Deposits","Notes","Bonds","Loans","Other"]

[["Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25","Sep-25","Dec-25","Mar-26","Jun-26"],[[-14],[-20.2],[-10.9],[-11],[-10.2],[-18.4],[-10],[-3.6],[-8.4],[-15],[-7.2],[-8.8],[-6],[-22.1],[-24.1],[2.2],[-12.9],[-18.6],[-2.5],[-0.9],[-0.4],[-18.5],[-9.1],[-0.1],[-9.5],[-23.6],[-14.2],[-13.4],[-89.1],[-109.9],[-43.9],[-14.1],[-12],[-44.3],[-29.6],[-5.4],[-11.7],[-42.7],[-12.6],[9.7],[2.8],[-29.8],[-26.9],[-7.4],[-18],[-38.4],[-40.4],[-19.2],[-23.6],[-58.2],[-43],[-11.1],[-28.1]],[[1],[6],[5.6],[13.5],[-8.4],[6.5],[0.4],[12.2],[-5.1],[1.9],[-7],[9.3],[1.1],[-3.1],[11.5],[7.9],[15.7],[-24.2],[8.6],[-1],[5],[-3.3],[-18.2],[-1.4],[6.6],[0.3],[-7.7],[21.1],[46.9],[42.4],[-32.3],[-15],[1.1],[9.6],[8.8],[3.1],[34.3],[-6.4],[-14.3],[18.6],[11.5],[-10.8],[-8],[11],[2.2],[23.1],[-39.8],[42.5],[-21.4],[8.7],[-23.7],[36.1],[-26.3]],[[14.3],[-1.5],[-0.4],[8.6],[-3.3],[-1.7],[-1.1],[3.5],[-0.2],[-1.9],[5.8],[1.7],[0.5],[3.7],[0.8],[0.5],[6.9],[0.5],[-5.6],[-2.2],[6.2],[-0.3],[2],[1.6],[0.1],[-1.3],[-4],[-16.3],[-25.8],[0.1],[16.5],[14],[4.6],[0],[-5.2],[3.5],[-8.6],[1.3],[-0.5],[-4.9],[10],[-5.8],[4.8],[-3.2],[-3.7],[0.6],[-8],[-17.6],[14.4],[8.8],[-19.9],[1.2],[14.5]],[[-8.7],[-24.7],[-16.4],[-27.8],[-4.6],[-18.4],[-10.8],[-16],[-7.3],[-26.3],[-7.6],[-22.1],[-4.8],[-24],[-23.7],[-20.7],[-19.8],[-0.9],[-14.7],[-5.1],[-11.3],[-2.4],[-2.3],[3.7],[-10.5],[-13.7],[1],[-15.7],[-71],[-117.2],[-23],[-21.9],[-5.7],[-23.9],[-8.4],[-18.4],[-26],[4.6],[-1.5],[-11.4],[14.9],[-7.2],[-15.4],[-4.2],[19.4],[-27.6],[24],[-21.1],[14.4],[-37.7],[12.6],[-36.9],[11.8]],[[0.6],[-11.3],[-0.3],[-2.5],[1],[-4.5],[3.3],[0.4],[2.1],[-1.3],[6.8],[1.5],[-0.4],[-0.7],[4.6],[2.2],[-0.5],[-4],[1.7],[1.6],[6.2],[-1.8],[-3.1],[0.4],[-2.5],[-8.6],[-6.3],[-12.7],[-26],[-30.5],[-21.7],[-0.5],[1.1],[-25.5],[-6.3],[0.3],[-8.1],[-21.2],[-2.4],[-1.3],[-3.3],[-14.4],[-12.2],[-9.8],[-13.3],[-32.3],[-17],[-5.8],[-4.6],[-33.6],[-18.2],[-2],[0.5]],[[-21.2],[11.4],[0.7],[-2.8],[5.1],[-0.3],[-1.8],[-3.8],[2.2],[12.6],[-5.2],[0.8],[-2.4],[1.9],[-17.3],[12.3],[-15.2],[9.9],[7.5],[5.8],[-6.5],[-10.7],[12.5],[-4.5],[-3.3],[-0.4],[2.8],[10.3],[-13.2],[-4.6],[16.6],[9.3],[-13.2],[-4.6],[-18.5],[6.2],[-3.3],[-21],[6],[8.7],[-30.4],[8.4],[3.9],[-1.2],[-22.5],[-2.2],[0.3],[-17.2],[-26.4],[-4.3],[6.2],[-9.6],[-28.6]]]

[]

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"Other" includes gold and special drawing rights, currency, bills of exchange, derivatives, shares and equity, unfunded superannuation and accounts payable/receivable.

Capital investment

Figures in the capital investment section are in seasonally adjusted current prices.

Net lending (+) / borrowing (-)

Australia's net borrowing position rose by $3.8b to $29.5b this quarter.

This was driven by a:

$2.2b fall in net savings
$1.2b rise in gross fixed capital formation

This was partly offset by a:

$1.5b fall in change in inventories.

National net lending (+) / borrowing (-) as a proportion of GDP, seasonally adjusted
	Net lending / net borrowing relative to GDP (%)
Mar-69	-2.4
Jun-69	-2.3
Sep-69	-1.4
Dec-69	-1.7
Mar-70	-1.4
Jun-70	-1.9
Sep-70	-1.5
Dec-70	-1.7
Mar-71	-2.1
Jun-71	-1.1
Sep-71	-0.9
Dec-71	-1.4
Mar-72	-0.2
Jun-72	1.1
Sep-72	1.6
Dec-72	2.2
Mar-73	2.0
Jun-73	1.6
Sep-73	0.3
Dec-73	0.4
Mar-74	-1.9
Jun-74	-3.4
Sep-74	-3.1
Dec-74	-2.5
Mar-75	-0.4
Jun-75	0.1
Sep-75	-1.1
Dec-75	-1.9
Mar-76	-1.8
Jun-76	-1.1
Sep-76	-1.2
Dec-76	-1.9
Mar-77	-3.0
Jun-77	-2.9
Sep-77	-3.1
Dec-77	-1.2
Mar-78	-2.9
Jun-78	-3.1
Sep-78	-3.7
Dec-78	-3.6
Mar-79	-2.0
Jun-79	-2.0
Sep-79	-1.8
Dec-79	-0.8
Mar-80	-1.0
Jun-80	-1.8
Sep-80	-3.8
Dec-80	-3.3
Mar-81	-2.9
Jun-81	-4.2
Sep-81	-4.2
Dec-81	-5.4
Mar-82	-5.5
Jun-82	-4.8
Sep-82	-3.5
Dec-82	-3.4
Mar-83	-3.6
Jun-83	-3.0
Sep-83	-3.8
Dec-83	-2.8
Mar-84	-4.0
Jun-84	-3.5
Sep-84	-4.4
Dec-84	-5.3
Mar-85	-4.1
Jun-85	-4.5
Sep-85	-5.6
Dec-85	-5.7
Mar-86	-6.0
Jun-86	-5.6
Sep-86	-4.8
Dec-86	-4.4
Mar-87	-4.1
Jun-87	-3.2
Sep-87	-3.3
Dec-87	-3.3
Mar-88	-3.0
Jun-88	-2.9
Sep-88	-4.0
Dec-88	-4.8
Mar-89	-5.7
Jun-89	-6.0
Sep-89	-6.4
Dec-89	-6.2
Mar-90	-6.2
Jun-90	-4.4
Sep-90	-4.1
Dec-90	-4.9
Mar-91	-3.9
Jun-91	-3.3
Sep-91	-3.2
Dec-91	-3.0
Mar-92	-3.0
Jun-92	-3.3
Sep-92	-3.8
Dec-92	-3.2
Mar-93	-2.9
Jun-93	-3.2
Sep-93	-3.3
Dec-93	-3.0
Mar-94	-2.8
Jun-94	-4.5
Sep-94	-5.6
Dec-94	-5.3
Mar-95	-5.9
Jun-95	-5.1
Sep-95	-4.4
Dec-95	-4.8
Mar-96	-4.1
Jun-96	-2.8
Sep-96	-3.9
Dec-96	-3.5
Mar-97	-3.0
Jun-97	-1.9
Sep-97	-3.2
Dec-97	-3.7
Mar-98	-5.0
Jun-98	-4.2
Sep-98	-5.6
Dec-98	-5.0
Mar-99	-5.7
Jun-99	-5.9
Sep-99	-5.7
Dec-99	-4.8
Mar-00	-5.0
Jun-00	-4.9
Sep-00	-3.2
Dec-00	-3.4
Mar-01	-2.6
Jun-01	-2.1
Sep-01	-1.7
Dec-01	-2.8
Mar-02	-2.7
Jun-02	-3.6
Sep-02	-4.0
Dec-02	-5.1
Mar-03	-5.0
Jun-03	-5.6
Sep-03	-5.4
Dec-03	-5.4
Mar-04	-5.8
Jun-04	-5.5
Sep-04	-6.6
Dec-04	-7.3
Mar-05	-6.5
Jun-05	-5.6
Sep-05	-6.0
Dec-05	-5.7
Mar-06	-5.5
Jun-06	-6.2
Sep-06	-5.7
Dec-06	-5.9
Mar-07	-6.2
Jun-07	-6.6
Sep-07	-6.8
Dec-07	-7.3
Mar-08	-6.8
Jun-08	-5.9
Sep-08	-4.0
Dec-08	-3.0
Mar-09	-1.4
Jun-09	-5.0
Sep-09	-5.3
Dec-09	-6.4
Mar-10	-5.5
Jun-10	-2.9
Sep-10	-3.0
Dec-10	-3.5
Mar-11	-3.3
Jun-11	-3.0
Sep-11	-2.7
Dec-11	-2.9
Mar-12	-4.6
Jun-12	-3.7
Sep-12	-4.2
Dec-12	-4.8
Mar-13	-3.5
Jun-13	-3.6
Sep-13	-3.7
Dec-13	-2.8
Mar-14	-2.6
Jun-14	-3.1
Sep-14	-3.4
Dec-14	-3.1
Mar-15	-3.3
Jun-15	-5.2
Sep-15	-5.0
Dec-15	-5.4
Mar-16	-4.4
Jun-16	-4.4
Sep-16	-3.5
Dec-16	-1.6
Mar-17	-2.3
Jun-17	-2.7
Sep-17	-2.8
Dec-17	-3.6
Mar-18	-3.0
Jun-18	-3.2
Sep-18	-2.4
Dec-18	-1.9
Mar-19	-1.3
Jun-19	0.0
Sep-19	0.9
Dec-19	-0.3
Mar-20	0.5
Jun-20	2.4
Sep-20	1.1
Dec-20	2.0
Mar-21	2.8
Jun-21	3.0
Sep-21	3.2
Dec-21	0.1
Mar-22	-0.1
Jun-22	1.5
Sep-22	-0.8
Dec-22	0.5
Mar-23	0.5
Jun-23	-0.3
Sep-23	-1.4
Dec-23	-0.3
Mar-24	-1.3
Jun-24	-2.4
Sep-24	-2.5
Dec-24	-2.6
Mar-25	-2.4
Jun-25	-2.5
Sep-25	-2.7
Dec-25	-3.4
Mar-26	-3.5
Jun-26	-4.0

National net lending (+) / borrowing (-) as a proportion of GDP, seasonally adjusted

["","Net lending \/ net borrowing relative to GDP"]

[["Mar-69","Jun-69","Sep-69","Dec-69","Mar-70","Jun-70","Sep-70","Dec-70","Mar-71","Jun-71","Sep-71","Dec-71","Mar-72","Jun-72","Sep-72","Dec-72","Mar-73","Jun-73","Sep-73","Dec-73","Mar-74","Jun-74","Sep-74","Dec-74","Mar-75","Jun-75","Sep-75","Dec-75","Mar-76","Jun-76","Sep-76","Dec-76","Mar-77","Jun-77","Sep-77","Dec-77","Mar-78","Jun-78","Sep-78","Dec-78","Mar-79","Jun-79","Sep-79","Dec-79","Mar-80","Jun-80","Sep-80","Dec-80","Mar-81","Jun-81","Sep-81","Dec-81","Mar-82","Jun-82","Sep-82","Dec-82","Mar-83","Jun-83","Sep-83","Dec-83","Mar-84","Jun-84","Sep-84","Dec-84","Mar-85","Jun-85","Sep-85","Dec-85","Mar-86","Jun-86","Sep-86","Dec-86","Mar-87","Jun-87","Sep-87","Dec-87","Mar-88","Jun-88","Sep-88","Dec-88","Mar-89","Jun-89","Sep-89","Dec-89","Mar-90","Jun-90","Sep-90","Dec-90","Mar-91","Jun-91","Sep-91","Dec-91","Mar-92","Jun-92","Sep-92","Dec-92","Mar-93","Jun-93","Sep-93","Dec-93","Mar-94","Jun-94","Sep-94","Dec-94","Mar-95","Jun-95","Sep-95","Dec-95","Mar-96","Jun-96","Sep-96","Dec-96","Mar-97","Jun-97","Sep-97","Dec-97","Mar-98","Jun-98","Sep-98","Dec-98","Mar-99","Jun-99","Sep-99","Dec-99","Mar-00","Jun-00","Sep-00","Dec-00","Mar-01","Jun-01","Sep-01","Dec-01","Mar-02","Jun-02","Sep-02","Dec-02","Mar-03","Jun-03","Sep-03","Dec-03","Mar-04","Jun-04","Sep-04","Dec-04","Mar-05","Jun-05","Sep-05","Dec-05","Mar-06","Jun-06","Sep-06","Dec-06","Mar-07","Jun-07","Sep-07","Dec-07","Mar-08","Jun-08","Sep-08","Dec-08","Mar-09","Jun-09","Sep-09","Dec-09","Mar-10","Jun-10","Sep-10","Dec-10","Mar-11","Jun-11","Sep-11","Dec-11","Mar-12","Jun-12","Sep-12","Dec-12","Mar-13","Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25","Sep-25","Dec-25","Mar-26","Jun-26"],[[-2.4],[-2.3],[-1.4],[-1.7],[-1.4],[-1.9],[-1.5],[-1.7],[-2.1],[-1.1],[-0.9],[-1.4],[-0.2],[1.1],[1.6],[2.2],[2],[1.6],[0.3],[0.4],[-1.9],[-3.4],[-3.1],[-2.5],[-0.4],[0.1],[-1.1],[-1.9],[-1.8],[-1.1],[-1.2],[-1.9],[-3],[-2.9],[-3.1],[-1.2],[-2.9],[-3.1],[-3.7],[-3.6],[-2],[-2],[-1.8],[-0.8],[-1],[-1.8],[-3.8],[-3.3],[-2.9],[-4.2],[-4.2],[-5.4],[-5.5],[-4.8],[-3.5],[-3.4],[-3.6],[-3],[-3.8],[-2.8],[-4],[-3.5],[-4.4],[-5.3],[-4.1],[-4.5],[-5.6],[-5.7],[-6],[-5.6],[-4.8],[-4.4],[-4.1],[-3.2],[-3.3],[-3.3],[-3],[-2.9],[-4],[-4.8],[-5.7],[-6],[-6.4],[-6.2],[-6.2],[-4.4],[-4.1],[-4.9],[-3.9],[-3.3],[-3.2],[-3],[-3],[-3.3],[-3.8],[-3.2],[-2.9],[-3.2],[-3.3],[-3],[-2.8],[-4.5],[-5.6],[-5.3],[-5.9],[-5.1],[-4.4],[-4.8],[-4.1],[-2.8],[-3.9],[-3.5],[-3],[-1.9],[-3.2],[-3.7],[-5],[-4.2],[-5.6],[-5],[-5.7],[-5.9],[-5.7],[-4.8],[-5],[-4.9],[-3.2],[-3.4],[-2.6],[-2.1],[-1.7],[-2.8],[-2.7],[-3.6],[-4],[-5.1],[-5],[-5.6],[-5.4],[-5.4],[-5.8],[-5.5],[-6.6],[-7.3],[-6.5],[-5.6],[-6],[-5.7],[-5.5],[-6.2],[-5.7],[-5.9],[-6.2],[-6.6],[-6.8],[-7.3],[-6.8],[-5.9],[-4],[-3],[-1.4],[-5],[-5.3],[-6.4],[-5.5],[-2.9],[-3],[-3.5],[-3.3],[-3],[-2.7],[-2.9],[-4.6],[-3.7],[-4.2],[-4.8],[-3.5],[-3.6],[-3.7],[-2.8],[-2.6],[-3.1],[-3.4],[-3.1],[-3.3],[-5.2],[-5],[-5.4],[-4.4],[-4.4],[-3.5],[-1.6],[-2.3],[-2.7],[-2.8],[-3.6],[-3],[-3.2],[-2.4],[-1.9],[-1.3],[0],[0.9],[-0.3],[0.5],[2.4],[1.1],[2],[2.8],[3],[3.2],[0.1],[-0.1],[1.5],[-0.8],[0.5],[0.5],[-0.3],[-1.4],[-0.3],[-1.3],[-2.4],[-2.5],[-2.6],[-2.4],[-2.5],[-2.7],[-3.4],[-3.5],[-4]]]

[]

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National net borrowing as a proportion of GDP rose this quarter, driven by a fall in net savings.

Financial corporations' net lending rose by $2.0b to $9.9b.
Non-financial corporations' net borrowing fell by $9.8b to $11.2b.
General government net borrowing rose by $6.4b to $38.5b.
Households' net lending rose by $0.9b to $17.6b.

Notable drivers included the following:

Financial corporations' net lending was driven by a rise in net savings due to a rise in interest receivable.
Non-financial corporations' net borrowing was driven by a rise in net savings from private non-financial corporations due to a fall in dividends payable and a rise in gross operating surplus.
General government net borrowing was driven by a fall in net savings from national general government due to a fall in taxes on production and imports.
Households' net lending was driven by a rise in net capital transfers due to a rise in capital transfers receivable from general government.

Net lending (+) / borrowing (-), by sector, seasonally adjusted, $b
	Non-financial corporations ($b)	Financial corporations ($b)	General government ($b)	Households ($b)
Jun-13	-25.2	9.7	-4.3	9.8
Sep-13	-20.3	8.8	-12.1	8.7
Dec-13	-21.3	8.7	-11.3	10.5
Mar-14	-19.4	9.0	-12.4	10.7
Jun-14	-22.3	7.8	-8.5	12.6
Sep-14	-23.0	8.2	-10.3	9.8
Dec-14	-19.4	5.9	-10.4	9.4
Mar-15	-21.8	7.5	-8.5	8.1
Jun-15	-21.8	4.8	-7.0	10.0
Sep-15	-24.5	7.1	-7.4	6.6
Dec-15	-24.2	8.7	-7.1	2.6
Mar-16	-21.5	7.7	-10.9	2.2
Jun-16	-20.0	8.6	-11.4	3.1
Sep-16	-16.9	8.1	-11.3	2.8
Dec-16	-9.9	7.0	-5.7	1.0
Mar-17	-9.0	5.0	-3.1	0.8
Jun-17	-10.8	7.5	-7.6	-0.5
Sep-17	-14.7	7.5	-6.2	-0.4
Dec-17	-15.3	5.3	-6.7	2.1
Mar-18	-14.8	7.8	-6.4	0.6
Jun-18	-21.4	6.6	-4.1	-0.4
Sep-18	-15.5	5.2	-5.9	1.8
Dec-18	-14.5	5.7	-7.5	5.4
Mar-19	-10.2	7.0	-8.2	7.7
Jun-19	-7.5	6.4	-5.0	6.4
Sep-19	-5.2	5.1	-11.9	14.3
Dec-19	-7.8	4.0	-11.9	12.1
Mar-20	-3.2	3.0	-14.7	20.0
Jun-20	25.0	12.2	-95.7	69.8
Sep-20	29.0	2.6	-86.1	61.0
Dec-20	15.5	1.1	-43.1	36.4
Mar-21	3.9	0.9	-26.0	35.8
Jun-21	3.4	1.1	-12.7	26.9
Sep-21	-5.5	4.1	-38.3	58.7
Dec-21	-5.2	-1.6	-26.1	31.9
Mar-22	-3.9	-5.3	-19.2	27.1
Jun-22	3.7	0.4	-15.4	19.7
Sep-22	-7.9	8.8	-17.7	17.6
Dec-22	-20.7	10.4	-5.9	3.8
Mar-23	1.5	6.8	-8.3	0.4
Jun-23	0.1	6.6	-12.1	-1.3
Sep-23	-8.1	11.4	-11.0	-1.8
Dec-23	-7.6	11.6	-15.5	7.0
Mar-24	-9.3	11.1	-15.7	2.2
Jun-24	-9.8	12.7	-20.6	4.5
Sep-24	-12.6	10.9	-24.8	10.0
Dec-24	-14.5	11.2	-27.1	12.7
Mar-25	-13.2	7.4	-31.2	18.1
Jun-25	-10.6	9.5	-27.2	15.4
Sep-25	-14.9	7.3	-40.1	26.1
Dec-25	-19.3	9.3	-31.1	18.9
Mar-26	-20.9	7.9	-32.1	16.8
Jun-26	-11.2	9.9	-38.5	17.6

Net lending (+) / borrowing (-), by sector, seasonally adjusted, $b

["","Non-financial\u00a0corporations","Financial\u00a0corporations","General\u00a0government","Households"]

[["Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25","Sep-25","Dec-25","Mar-26","Jun-26"],[[-25.2],[-20.3],[-21.3],[-19.4],[-22.3],[-23],[-19.4],[-21.8],[-21.8],[-24.5],[-24.2],[-21.5],[-20],[-16.9],[-9.9],[-9],[-10.8],[-14.7],[-15.3],[-14.8],[-21.4],[-15.5],[-14.5],[-10.2],[-7.5],[-5.2],[-7.8],[-3.2],[25],[29],[15.5],[3.9],[3.4],[-5.5],[-5.2],[-3.9],[3.7],[-7.9],[-20.7],[1.5],[0.1],[-8.1],[-7.6],[-9.3],[-9.8],[-12.6],[-14.5],[-13.2],[-10.6],[-14.9],[-19.3],[-20.9],[-11.2]],[[9.7],[8.8],[8.7],[9],[7.8],[8.2],[5.9],[7.5],[4.8],[7.1],[8.7],[7.7],[8.6],[8.1],[7],[5],[7.5],[7.5],[5.3],[7.8],[6.6],[5.2],[5.7],[7],[6.4],[5.1],[4],[3],[12.2],[2.6],[1.1],[0.9],[1.1],[4.1],[-1.6],[-5.3],[0.4],[8.8],[10.4],[6.8],[6.6],[11.4],[11.6],[11.1],[12.7],[10.9],[11.2],[7.4],[9.5],[7.3],[9.3],[7.9],[9.9]],[[-4.3],[-12.1],[-11.3],[-12.4],[-8.5],[-10.3],[-10.4],[-8.5],[-7],[-7.4],[-7.1],[-10.9],[-11.4],[-11.3],[-5.7],[-3.1],[-7.6],[-6.2],[-6.7],[-6.4],[-4.1],[-5.9],[-7.5],[-8.2],[-5],[-11.9],[-11.9],[-14.7],[-95.7],[-86.1],[-43.1],[-26],[-12.7],[-38.3],[-26.1],[-19.2],[-15.4],[-17.7],[-5.9],[-8.3],[-12.1],[-11],[-15.5],[-15.7],[-20.6],[-24.8],[-27.1],[-31.2],[-27.2],[-40.1],[-31.1],[-32.1],[-38.5]],[[9.8],[8.7],[10.5],[10.7],[12.6],[9.8],[9.4],[8.1],[10],[6.6],[2.6],[2.2],[3.1],[2.8],[1],[0.8],[-0.5],[-0.4],[2.1],[0.6],[-0.4],[1.8],[5.4],[7.7],[6.4],[14.3],[12.1],[20],[69.8],[61],[36.4],[35.8],[26.9],[58.7],[31.9],[27.1],[19.7],[17.6],[3.8],[0.4],[-1.3],[-1.8],[7],[2.2],[4.5],[10],[12.7],[18.1],[15.4],[26.1],[18.9],[16.8],[17.6]]]

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Capital Investment

National capital investment increased 0.7% in current price seasonally adjusted terms, and remained at 25.1% as a proportion of GDP.

Relative to GDP:

Household capital investment rose to 8.3%.
Non-financial corporations' capital investment rose to 12.3%.
Financial corporations' capital investment remained at 0.6%.
General government capital investment fell to 3.9%.

In current price seasonally adjusted terms:

Non-financial corporations' capital investment rose, driven by a rise in private non-financial corporations.
General government capital investment fell, driven by a fall in state and local general government.

Gross fixed capital formation, by sector, seasonally adjusted, $b
	Non-financial corporations ($b)	Financial corporations ($b)	General government ($b)	Households ($b)
Jun-13	62.4	2.5	11.5	29.0
Sep-13	63.3	2.4	12.6	29.6
Dec-13	62.9	2.3	12.8	30.2
Mar-14	60.6	2.4	13.2	31.1
Jun-14	59.8	2.4	12.6	31.6
Sep-14	57.1	2.7	12.8	33.5
Dec-14	56.1	2.8	12.8	35.2
Mar-15	54.9	2.7	12.4	36.3
Jun-15	54.4	2.6	12.9	36.1
Sep-15	52.6	2.9	12.4	37.9
Dec-15	51.8	2.9	12.5	38.1
Mar-16	49.7	2.9	14.1	38.6
Jun-16	47.4	2.8	14.6	39.5
Sep-16	45.4	2.9	14.1	40.0
Dec-16	47.5	2.9	14.5	40.9
Mar-17	46.7	2.9	15.7	41.1
Jun-17	45.9	2.9	17.8	41.4
Sep-17	51.2	2.5	17.1	40.7
Dec-17	50.3	3.1	17.5	40.9
Mar-18	50.9	3.1	17.5	42.0
Jun-18	51.0	3.1	17.4	42.8
Sep-18	52.0	3.1	18.9	41.4
Dec-18	51.7	3.1	19.0	40.3
Mar-19	52.2	3.0	19.2	39.1
Jun-19	52.8	3.1	18.6	38.3
Sep-19	53.8	3.0	19.8	38.1
Dec-19	53.3	3.0	20.5	38.1
Mar-20	53.2	2.9	19.9	38.3
Jun-20	51.4	2.7	18.9	35.7
Sep-20	51.1	2.7	19.4	36.5
Dec-20	52.4	2.8	20.4	39.4
Mar-21	54.9	3.0	20.4	42.6
Jun-21	57.0	3.0	21.3	45.0
Sep-21	58.8	2.9	21.9	45.5
Dec-21	60.6	3.0	21.9	47.0
Mar-22	62.7	3.1	22.6	48.7
Jun-22	65.4	3.2	23.7	48.6
Sep-22	67.0	3.4	23.9	49.2
Dec-22	68.2	3.4	24.4	49.7
Mar-23	71.1	3.5	25.2	50.2
Jun-23	74.9	3.6	27.0	51.9
Sep-23	77.6	3.6	27.5	50.7
Dec-23	79.5	3.7	26.8	50.4
Mar-24	79.3	3.7	26.7	51.3
Jun-24	80.8	3.8	27.1	52.9
Sep-24	81.6	3.9	28.5	53.9
Dec-24	82.2	4.0	28.1	54.5
Mar-25	82.9	4.0	28.2	55.1
Jun-25	83.3	4.0	27.1	55.8
Sep-25	86.7	4.2	27.9	57.9
Dec-25	86.7	4.2	28.8	59.5
Mar-26	90.1	4.4	29.4	60.7
Jun-26	91.1	4.4	29.1	61.7

Gross fixed capital formation, by sector, seasonally adjusted, $b

["","Non-financial\u00a0corporations","Financial\u00a0corporations","General\u00a0government","Households"]

[["Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25","Sep-25","Dec-25","Mar-26","Jun-26"],[[62.4],[63.3],[62.9],[60.6],[59.8],[57.1],[56.1],[54.9],[54.4],[52.6],[51.8],[49.7],[47.4],[45.4],[47.5],[46.7],[45.9],[51.2],[50.3],[50.9],[51],[52],[51.7],[52.2],[52.8],[53.8],[53.3],[53.2],[51.4],[51.1],[52.4],[54.9],[57],[58.8],[60.6],[62.7],[65.4],[67],[68.2],[71.1],[74.9],[77.6],[79.5],[79.3],[80.8],[81.6],[82.2],[82.9],[83.3],[86.7],[86.7],[90.1],[91.1]],[[2.5],[2.4],[2.3],[2.4],[2.4],[2.7],[2.8],[2.7],[2.6],[2.9],[2.9],[2.9],[2.8],[2.9],[2.9],[2.9],[2.9],[2.5],[3.1],[3.1],[3.1],[3.1],[3.1],[3],[3.1],[3],[3],[2.9],[2.7],[2.7],[2.8],[3],[3],[2.9],[3],[3.1],[3.2],[3.4],[3.4],[3.5],[3.6],[3.6],[3.7],[3.7],[3.8],[3.9],[4],[4],[4],[4.2],[4.2],[4.4],[4.4]],[[11.5],[12.6],[12.8],[13.2],[12.6],[12.8],[12.8],[12.4],[12.9],[12.4],[12.5],[14.1],[14.6],[14.1],[14.5],[15.7],[17.8],[17.1],[17.5],[17.5],[17.4],[18.9],[19],[19.2],[18.6],[19.8],[20.5],[19.9],[18.9],[19.4],[20.4],[20.4],[21.3],[21.9],[21.9],[22.6],[23.7],[23.9],[24.4],[25.2],[27],[27.5],[26.8],[26.7],[27.1],[28.5],[28.1],[28.2],[27.1],[27.9],[28.8],[29.4],[29.1]],[[29],[29.6],[30.2],[31.1],[31.6],[33.5],[35.2],[36.3],[36.1],[37.9],[38.1],[38.6],[39.5],[40],[40.9],[41.1],[41.4],[40.7],[40.9],[42],[42.8],[41.4],[40.3],[39.1],[38.3],[38.1],[38.1],[38.3],[35.7],[36.5],[39.4],[42.6],[45],[45.5],[47],[48.7],[48.6],[49.2],[49.7],[50.2],[51.9],[50.7],[50.4],[51.3],[52.9],[53.9],[54.5],[55.1],[55.8],[57.9],[59.5],[60.7],[61.7]]]

[]

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Data downloads

Time series spreadsheets

Download all (11.1 MB)

Data files

TABLE 1. Credit Market Outstandings ($ million)
Download xlsx [280.86 KB]
TABLE 2. Demand for Credit ($ million)
Download xlsx [262.01 KB]
TABLE 3. National Capital Account, Current prices ($ million)
Download xlsx [82.14 KB]
TABLE 4. National Financial Assets and Liabilities ($ million)
Download xlsx [107.6 KB]
TABLE 5. Non-Financial Corporations Capital Account, Current prices ($ million)
Download xlsx [79.95 KB]
TABLE 6. Financial Assets and Liabilities of Non-Financial Corporations ($ million)
Download xlsx [396.9 KB]
TABLE 7. Private Non-Financial Corporations Capital Account, Current prices ($ million)
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TABLE 8. Financial Assets and Liabilities of Private Non-Financial Corporations ($ million)
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TABLE 9. Financial Assets and Liabilities of Private Non-Financial Investment Funds ($ million)
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TABLE 10. Financial Assets and Liabilities of Other Private Non-Financial Corporations ($ million)
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TABLE 11. Public Non-Financial Corporations Capital Account, Current prices ($ million)
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TABLE 12. Financial Assets and Liabilities of Public Non-Financial Corporations ($ million)
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TABLE 13. Financial Corporations Capital Account, Current prices ($ million)
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TABLE 14. Financial Assets and Liabilities of Financial Corporations ($ million)
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TABLE 15. Financial Assets and Liabilities of the Central Bank ($ million)
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TABLE 16. Financial Assets and Liabilities of Authorised Deposit taking Institutions ($ million)
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TABLE 17. Financial Assets and Liabilities of Other Broad Money Institutions ($ million)
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TABLE 18. Financial Assets and Liabilities of Pension Funds ($ million)
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TABLE 19. Pension Funds - Self-Managed Superannuation Funds Balance Sheet ($ million)
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TABLE 20. Financial Assets and Liabilities of Life Insurance Corporations ($ million)
Download xlsx [308.68 KB]
TABLE 21. Financial Assets and Liabilities of Non-Life Insurance Corporations ($ million)
Download xlsx [314.06 KB]
TABLE 22. Financial Assets and Liabilities of Money Market Financial Investment Funds ($ million)
Download xlsx [148.3 KB]
TABLE 23. Financial Assets and Liabilities of Non-Money Market Financial Investment Funds ($ million)
Download xlsx [290.14 KB]
TABLE 24. Financial Assets and Liabilities of Central Borrowing Authorities ($ million)
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TABLE 25. Financial Assets and Liabilities of Securitisers ($ million)
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TABLE 26. Financial Assets and Liabilities of Other Financial Corporations ($ million)
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TABLE 27. General Government Capital Account, Current prices ($ million)
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TABLE 28. Financial Assets and Liabilities of General Government ($ million)
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TABLE 29. National General Government Capital Account, Current prices ($ million)
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TABLE 30. Financial Assets and Liabilities of National General Government ($ million)
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TABLE 31. State and Local General Government Capital Account, Current prices ($ million)
Download xlsx [78.59 KB]
TABLE 32. Financial Assets and Liabilities of State and Local General Government ($ million)
Download xlsx [198.04 KB]
TABLE 33. Household Capital Account, Current prices ($ million)
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TABLE 34. Financial Assets and Liabilities of Households ($ million)
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TABLE 35. Household Balance Sheet, Current prices ($ billion)
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TABLE 36. Analytical Measures of Household Income, Consumption, Saving and Wealth, Current prices ($ billion)
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TABLE 37. Rest of World Capital Account, Current prices ($ million)
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TABLE 38. Financial Assets and Liabilities of Rest of World ($ million)
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TABLE 39. The Currency Market ($ million)
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TABLE 40. The Transferable Deposits Market ($ million)
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TABLE 41. The Other Deposits Market ($ million)
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TABLE 42. The Bills of Exchange Market ($ million)
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TABLE 43. The One Name Paper Market ($ million)
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TABLE 44. The Bonds Market ($ million)
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TABLE 45. The Derivatives and Employee Stock Options Market ($ million)
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TABLE 46. The Short Term Loans and Placements Market ($ million)
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TABLE 47. The Long Term Loans and Placements Market ($ million)
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TABLE 48. The Listed Shares and Other Equity Market ($ million)
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TABLE 49. The Unlisted Shares and Other Equity Market ($ million)
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TABLE 50. Accounts Payable/Receivable ($ million)
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TABLE 51. Financial Accounts Summary of Authorised Deposit taking Institution Deposits and Lending Split by Household Subsectors ($ million)
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TABLE 52. Financial Accounts Summary of Loan Outstandings to Households for Housing by Type of Lending Institution ($ million)
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TABLE 53. Nominal Value of Short Term Loans and Placements Market ($ million)
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TABLE 54. Nominal Value of Long Term Loans and Placements Market ($ million)
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Previous catalogue number

This release previously used catalogue number 5232.0

Revisions and changes

Change in this issue

The ABS has updated the sources and methods for the measurement of international trade in non-life insurance to improve known measurement gaps, better align ABS statistics with accounting standards, and incorporate new data from the Australian Prudential Regulation Authority (APRA). The review included revisions to previously published estimates back to September quarter 1988. The updates will result in revisions to insurance related assets and liabilities in this release of Australian National Accounts: Finance & Wealth.

The improved non-life insurance models will also contribute to the Australian System of National Accounts historical revisions, with the first set of estimates published in the Australian National Accounts 2025-26 on 23 October 2026. More detailed information will be released as part of that publication.

The ABS has made changes to the data downloads in this publication. The following tables introduce new series as a result of these international insurance revisions:

Table 14: Financial Assets and Liabilities of Financial Corporations ($ million)
Table 21: Financial Assets and Liabilities of Non-Life Insurance Corporations ($ million)
Table 38: Financial Assets and Liabilities of Rest of World ($ million)

Revisions in this issue

The revisions to the financial accounts and balance sheets are back to June quarter 1988 and are a result of the implementation of quality assurance work undertaken through reviews of compilation methods and through source data provided to the ABS. Revisions have been applied to the entire time series of the financial instrument and sector tables.

The most significant revisions are due to:

improvements in the compilation of sectoral counterparty data for loans and deposits using data sourced from the Economic and Financial Statistics (EFS) collection and for Self-Managed Superannuation Funds (SMSFs) using data sourced from the Australian Tax Office (ATO).
reviewing the sources and methods for the measurement of international trade in non-life insurance.

AASB 17 accounting standard

The adoption of the AASB 17 accounting standard by the insurance industry has resulted in changes to source data reporting. Consequently, some of the estimates for life insurance corporations since the September quarter 2023 have been modelled. While these series continue to be published, users are advised to apply caution.

ABS Managed Funds publication

Consultation with users and industry in late 2023 found that the Managed Funds publication and underlying collections no longer aligned with the way the industry operates and did not capture the full scope of activity. As a result, the Managed Funds publication was paused following the release of the December quarter 2023 issue.

The ABS is currently working with key stakeholders to improve the quality of our managed funds statistics.

ABS survey data on public offer unit trusts will continue to be used in the compilation of associated sectors in the National Accounts: Finance and Wealth publication (tables 9 and 23). In this publication, adjustments are made to these sectors to account for scope and coverage, based on other counterparty information, though some underlying quality issues remain. Users are advised to apply caution when using these statistics and use the methodology and data quality notes when referencing any data points. For additional information please see the December quarter 2023 Managed Funds publication.

Methodology

Scope

Includes national, sectoral and subsectoral financial accounts, capital accounts and balance sheets by financial instruments and counterparties. Key statistics produced are:

Household wealth
Demand for credit
Net lending/borrowing
Capital investment

Geography

The data available includes estimates for Australia.

Source

Data is sourced from the Survey of Financial Information (SFI) and Survey of International Investment (SII). This is supplemented with administrative data from the Australian Prudential Regulation Authority (APRA) and other government agencies.

Collection method

Data is collected quarterly via online surveys directly to the ABS. Additional administrative data is collected from financial institutions via the Australian Prudential Regulation Authority (APRA).

Concepts, sources and methods

The major concepts, definitions, data sources and methods used to prepare the National Accounts estimates are described in the Australian System of National Accounts: Concepts, Sources and Methods.

History of changes

Not applicable to this release.

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APA

Australian National Accounts: Finance and Wealth

APA

Key statistics

Main features

Financing resources and investment tables

Financial market summary table

Flow of funds diagrams

Net transactions during June quarter 2026

Amounts outstanding at end of June quarter 2026

National investment

Financial investment

Households

General government

Demand for credit

Demand for credit table

Other private non-financial corporations

General government

Households

Households

Balance sheet

Financial assets

Liabilities

Non-financial assets

Financial assets

Liabilities

Private non-financial corporations

Financial assets

Liabilities

Other private non-financial corporations demand for credit

Financial corporations

Financial assets and liabilities

Authorised deposit-taking institutions (ADIs)

Financial assets

Liabilities

Pension (superannuation) funds

Financial assets

Liabilities

Government

National general government financial assets

National general government liabilities

State and local general government financial assets

State and local general government liabilities

General government

Capital investment

Net lending (+) / borrowing (-)

Capital Investment

Data downloads

Time series spreadsheets

TABLE 1. Credit Market Outstandings ($ million)

TABLE 2. Demand for Credit ($ million)

TABLE 3. National Capital Account, Current prices ($ million)

TABLE 4. National Financial Assets and Liabilities ($ million)

TABLE 5. Non-Financial Corporations Capital Account, Current prices ($ million)

TABLE 6. Financial Assets and Liabilities of Non-Financial Corporations ($ million)

TABLE 7. Private Non-Financial Corporations Capital Account, Current prices ($ million)

TABLE 8. Financial Assets and Liabilities of Private Non-Financial Corporations ($ million)

TABLE 9. Financial Assets and Liabilities of Private Non-Financial Investment Funds ($ million)

TABLE 10. Financial Assets and Liabilities of Other Private Non-Financial Corporations ($ million)

TABLE 11. Public Non-Financial Corporations Capital Account, Current prices ($ million)

TABLE 12. Financial Assets and Liabilities of Public Non-Financial Corporations ($ million)

TABLE 13. Financial Corporations Capital Account, Current prices ($ million)

TABLE 14. Financial Assets and Liabilities of Financial Corporations ($ million)

TABLE 15. Financial Assets and Liabilities of the Central Bank ($ million)

TABLE 16. Financial Assets and Liabilities of Authorised Deposit taking Institutions ($ million)

TABLE 17. Financial Assets and Liabilities of Other Broad Money Institutions ($ million)

TABLE 18. Financial Assets and Liabilities of Pension Funds ($ million)

TABLE 19. Pension Funds - Self-Managed Superannuation Funds Balance Sheet ($ million)

TABLE 20. Financial Assets and Liabilities of Life Insurance Corporations ($ million)

TABLE 21. Financial Assets and Liabilities of Non-Life Insurance Corporations ($ million)

TABLE 22. Financial Assets and Liabilities of Money Market Financial Investment Funds ($ million)

TABLE 23. Financial Assets and Liabilities of Non-Money Market Financial Investment Funds ($ million)

TABLE 24. Financial Assets and Liabilities of Central Borrowing Authorities ($ million)

TABLE 25. Financial Assets and Liabilities of Securitisers ($ million)

TABLE 26. Financial Assets and Liabilities of Other Financial Corporations ($ million)

TABLE 27. General Government Capital Account, Current prices ($ million)

TABLE 28. Financial Assets and Liabilities of General Government ($ million)

TABLE 29. National General Government Capital Account, Current prices ($ million)

TABLE 30. Financial Assets and Liabilities of National General Government ($ million)

TABLE 31. State and Local General Government Capital Account, Current prices ($ million)