Australian National Accounts: Finance and Wealth

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

Reference period

September 2023

Released

21/12/2023

View all releases

Release date and time

21/12/2023 11:30am AEDT

Key statistics

Household wealth increased $339.4b (2.3%) to $15,305.3b.
Demand for credit was $90.2b.
Australia returned to a net borrowing position of $3.4b this quarter, following a net lending position of $16.9b in the previous quarter.
Capital investment as a proportion of GDP rose to 24.4%.

Main features

Financing resources and investment table

Financing resources and investment September quarter 2023, original, current prices, $b
	Non-financial corps	Financial corps	Government	Households	Total national	Rest of world
Financing resources
	Net saving (a)	-2.0	22.9	-6.2	31.2	45.9	7.5
	plus Consumption of fixed capital	56.3	3.6	14.2	44.5	118.7	-
	Gross saving	54.2	26.6	8.0	75.8	164.6	7.5
	plus Net capital transfers	0.6	0.0	-1.9	1.1	-0.2	0.2
	less Statistical discrepancy (b)	-	-	-	-	15.8	-
	Total financing resources	54.8	26.6	6.1	76.9	148.6	7.7
Uses of financing (investment)
	Capital formation
		Gross fixed capital formation	76.2	3.2	23.5	52.9	155.8	-
		plus Changes in inventories	3.6	0.0	-0.5	-2.6	0.6	-
		plus Net acquisition of non-produced non-financial assets	-0.4	-	0.4	-	-	-
		Total capital formation	79.5	3.2	23.5	50.3	156.4	-
	plus Financial investment
		Acquisition of financial assets	1.2	24.6	-7.8	75.5	-26.1	-22.7
		less Incurrence of financial liabilities	77.9	-17.0	17.6	18.4	-22.7	-26.1
		Net Financial investment (Net lending (+) / net borrowing (-))	-76.8	41.6	-25.4	57.2	-3.4	3.4
	less Net errors and omissions	-52.1	18.2	-8.0	30.6	4.4	-4.4
	Total investment	54.8	26.6	6.1	76.9	148.6	7.8

Financial market summary table

Financial market summary, $b
		Amounts outstanding, Jun-23	Transactions, Sep-23	Other changes, Sep-23	Amounts outstanding, Sep-23
Currency and deposits
	Currency	105.5	-0.8	-	104.7
	Transferable deposits	2,335.3	-78.6	13.9	2,270.5
	Other deposits	1,560.2	48.4	-2.3	1,606.3
Short term debt securities
	Bills of exchange	6.1	0.1	-	6.3
	One name paper	531.2	17.8	4.5	553.5
Long term debt securities
	Bonds, etc.	3,261.3	58.2	-17.0	3,302.6
Derivatives
	Derivatives	1,269.7	-214.7	325.9	1,380.8
Loans and placements
	Short term	431.9	-15.4	1.0	417.5
	Long term	4,749.2	56.8	19.2	4,825.2
Shares and other equity
	Listed	2,559.1	3.9	-42.3	2,520.7
	Unlisted	5,987.1	40.5	4.8	6,032.4
Insurance technical reserves
	Reserves of pension funds and life	3,289.2	21.8	-18.6	3,292.4
	General insurance payments	159.0	1.4	0.0	160.4

Flow of funds diagrams

National investment

National investment decreased by $5.8b to $156.4b in the September quarter.

General government investment decreased by $10.9b to $23.5b driven by decreases in gross fixed capital formation for both state and local general government and national general government.
Non-financial corporations' investment increased by $5.5b to $79.5b, driven by an increase in private non-financial corporations' change in inventories.
Households' investment decreased by $0.2b to $50.3b, driven by a decrease in change in inventories.

Financial investment

Australia was a net borrower of $3.4b from rest of world (ROW). The main contributors were a:

$18.0b acquisition by ROW of equity issued by Australia.
$14.3b acquisition by ROW of debt securities issued by Australia.
$7.2b placement of deposits by ROW.
Partly offset by $24.4b acquisition by Australia of debt securities issued by ROW.
$7.9b repayment of loans borrowed by Australia from ROW.

Banks continued issuing both one-name paper and long-term debt securities this quarter to meet funding requirements with acquisition by ROW reflecting their participation in that issuance activity. Acquisition of equity issued by Australia reflected that ongoing export revenues earned by foreign-owned resource companies were being reinvested, as well as merger and acquisition activity. The acquisition by Australia of long-term debt securities issued by ROW reflected increased demand for overseas bonds by ADIs and pension funds.

Households

Households $57.2b net lending position was due to a $75.5b acquisition of financial assets, offset by $18.4b incurrence of liabilities. The acquisition of assets was driven by:

$50.6b in deposits
$26.4b in net equity in superannuation

While liabilities were driven by:

$14.0b in loan borrowings

Deposit assets grew strongly this quarter with households receiving proceeds from tax returns and favoured placing excess funds in deposit accounts to take advantage of higher interest rates. Contributions into pension funds rose year on year, reflecting legislative changes to compulsory superannuation and strength in employment.

General government

General government’s $25.4b net borrowing position was due to $7.8b disposal of financial assets and $17.6b incurrence of liabilities.

Assets were driven by:

$10.9b withdrawal of deposits
$4.9b disposal of short-term debt securities

Liabilities were driven by:

$9.7b issuance of bonds
$7.9b in loan borrowings

The national general government drew down on its deposits to fund increased social benefits paid to households and the payment of tax returns. Bond issuance remains below the rate of issuance during the pandemic, reflecting the improvement in the national general government’s balance sheet. State and territory governments borrowed funds from their respective central borrowing authorities to fund investment into health and transport infrastructure.

Net financial investment (net lending (+) / borrowing (-))
	National net financial investment ($b)	Non-financial corporations ($b)	Financial corporations ($b)	General government ($b)	Households ($b)
Sep-10	-10.6	-5.9	8.9	-24.7	11.0
Dec-10	-11.9	-4.1	9.8	-16.3	-1.2
Mar-11	-14.0	15.9	2.7	-17.1	-15.5
Jun-11	-9.6	1.0	5.5	-19.8	3.7
Sep-11	-11.2	-8.6	-2.6	-25.8	25.8
Dec-11	-15.0	-0.1	-2.7	-14.9	2.6
Mar-12	-18.4	-37.0	23.4	-13.2	8.5
Jun-12	-11.4	1.8	-24.4	-30.1	41.3
Sep-12	-19.2	-3.1	-11.5	-24.3	19.7
Dec-12	-20.3	-13.5	-0.6	-12.4	6.2
Mar-13	-10.2	-29.5	18.2	-15.5	16.6
Jun-13	-11.7	-42.4	21.2	-14.0	23.5
Sep-13	-19.2	-12.9	-20.1	-20.2	34.0
Dec-13	-12.6	-45.0	27.2	-10.9	16.0
Mar-14	-9.5	-18.0	10.2	-11.0	9.2
Jun-14	-13.7	-21.3	14.4	-10.2	3.4
Sep-14	-13.5	-13.1	-18.4	-18.4	36.4
Dec-14	-16.5	-3.2	-30.7	-10.0	27.4
Mar-15	-14.9	-21.8	1.7	-3.6	8.8
Jun-15	-22.3	-29.4	3.4	-8.4	12.0
Sep-15	-27.2	-54.6	-7.5	-15.0	49.9
Dec-15	-25.8	-35.9	1.8	-7.2	15.4
Mar-16	-18.4	-25.0	11.2	-8.8	4.2
Jun-16	-15.1	9.0	-33.3	-6.0	15.2
Sep-16	-15.1	-8.3	-2.5	-22.1	17.8
Dec-16	-8.0	1.5	-8.2	-24.1	22.8
Mar-17	-3.8	-14.6	8.0	2.2	0.5
Jun-17	-13.5	24.1	-32.9	-12.8	8.1
Sep-17	-15.9	-10.2	-10.7	-18.7	23.7
Dec-17	-19.4	-7.8	-22.9	-2.6	13.9
Mar-18	-9.5	-23.4	6.5	-0.9	8.4
Jun-18	-16.0	-10.0	-19.0	-0.2	13.2
Sep-18	-9.0	-26.6	-3.1	-18.5	39.3
Dec-18	-7.9	-6.9	3.0	-9.2	5.2
Mar-19	-5.5	-14.8	-6.7	-0.3	16.3
Jun-19	6.0	11.4	-33.6	-9.2	37.5
Sep-19	6.1	-7.8	-14.3	-22.9	51.2
Dec-19	-1.0	-13.5	6.2	-14.2	20.5
Mar-20	7.6	-12.8	10.5	-14.3	24.2
Jun-20	15.6	44.9	3.8	-89.0	55.9
Sep-20	9.6	19.2	17.2	-102.6	75.8
Dec-20	17.7	21.8	8.5	-45.6	32.9
Mar-21	13.7	-4.6	28.4	-18.1	7.9
Jun-21	21.7	18.9	5.2	-15.5	13.1
Sep-21	12.7	-28.1	25.7	-43.4	58.5
Dec-21	9.9	-11.9	22.5	-25.7	25.0
Mar-22	6.0	-50.9	48.8	-3.6	11.6
Jun-22	15.0	2.8	26.7	-16.3	1.8
Sep-22	-5.1	-60.5	25.4	-28.4	58.3
Dec-22	8.9	-3.9	8.0	-14.8	19.6
Mar-23	9.6	-26.4	2.4	12.2	21.5
Jun-23	16.9	-3.8	8.8	6.1	5.8
Sep-23	-3.4	-76.8	41.6	-25.4	57.2

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, Jun-23	Demand for credit, Sep-23	Other changes, Sep-23	Credit market outstandings, Sep-23
Non-financial corporations
	Investment funds	525.0	7.7	-9.6	523.1
	Other private	4,445.5	46.5	-31.6	4,460.4
	Public	179.9	3.5	0.2	183.7
General government
	National	838.3	10.1	-7.7	840.6
	State and local	393.1	8.4	-0.3	401.3
Households	2,818.8	13.9	8.0	2,840.7
Total	9,200.6	90.2	-40.9	9,249.9

Demand for credit was $90.2b in the September quarter, of which:

other private non-financial corporations borrowed $46.5b
general government borrowed $18.5b
households borrowed $13.9b

Credit market outstanding increased by $49.2b, comprised of demand for credit and partly offset by revaluation losses of $40.9b. Holding losses on the shares of other private non-financial corporations were $40.0b, in line with a decrease in equity prices on the Australian Securities Exchange (ASX). Higher bond yields also resulted in holding losses on Commonwealth government bonds of $7.7b.

Other private non-financial corporations

Business credit growth was driven by investment in private engineering construction projects. Elevated export revenue was also reinvested in foreign-owned resource companies to grow share capital. Business financing activity comprised:

equity raising of $27.0b
loan borrowings of $21.2b
and partly offset by $4.3b net maturity of corporate bonds

Households

Housing credit growth slowed in the September quarter as housing market activity moderated, in a high interest rate environment where house prices are elevated and borrowing capacity remains constrained. Households borrowed:

$14.6b in long term loans
and repaid $618m in short term loans

General government

Public sector debt expanded as the Commonwealth government's funding requirements rose in the September quarter in line with increased spending on social benefits to household. State government demand for credit continues to be driven by investment in health and transport infrastructure. The government financed its operations through:

$9.4b of bonds issued by national general government
$8.2b in loan borrowings by state and local general governments

Demand for credit by sector
	Other private non-financial businesses ($b)	Households ($b)	General government ($b)	Other ($b)
Sep-10	15.3	17.0	18.3	5.7
Dec-10	20.9	23.5	13.4	-0.4
Mar-11	7.1	21.5	17.7	1.8
Jun-11	5.9	27.2	18.6	-2.4
Sep-11	30.1	7.5	23.4	-2.8
Dec-11	-3.7	16.8	21.6	6.1
Mar-12	27.6	11.9	18.8	4.5
Jun-12	16.0	22.8	10.7	-0.4
Sep-12	16.3	4.7	26.8	3.4
Dec-12	14.8	15.9	12.0	6.5
Mar-13	24.8	12.3	8.6	1.3
Jun-13	37.4	28.8	-6.2	5.0
Sep-13	26.1	3.7	28.9	-0.3
Dec-13	38.6	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	21.0	19.3	15.7	6.0
Mar-20	49.7	3.9	35.6	5.4
Jun-20	-7.2	14.6	136.2	9.4
Sep-20	0.3	5.5	144.0	7.9
Dec-20	1.8	22.1	30.2	11.0
Mar-21	16.0	24.5	20.2	6.4
Jun-21	9.1	48.8	6.8	19.6
Sep-21	54.8	40.6	50.1	9.6
Dec-21	32.4	53.6	22.0	16.2
Mar-22	165.4	41.1	13.5	12.4
Jun-22	42.9	53.6	48.3	16.2
Sep-22	73.4	26.0	10.5	7.4
Dec-22	18.5	31.6	7.2	0.1
Mar-23	40.8	18.9	17.7	10.0
Jun-23	-3.1	42.6	-7.5	5.3
Sep-23	46.5	13.9	18.5	11.2

Demand for credit by sector

["","Other 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, Jun-23	Transactions, Sep-23	Other changes(a), Sep-23	Holding gains/losses, Sep-23	Amounts outstanding, Sep-23
Non-financial assets
	Land and dwellings	10,225.7	9.6	9.1	258.9	10,503.3
	Other non-financial assets	818.7	-3.8	-	5.0	819.9
Financial assets
	Superannuation reserves	3,589.4	26.4	-	-21.4	3,594.4
	Shares and other equity	1,314.5	2.1	-	31.7	1,348.4
	Currency and deposits	1,610.7	50.8	-	2.3	1,663.8
	Other financial assets	390.8	-3.7	-	-1.1	384.6
Liabilities
	Loans	2,814.5	14.0	-	8.0	2,836.6
	Other liabilities	169.4	4.3	-	-	173.8
Wealth (Net worth)	14,965.9	61.4	9.1	267.5	15,303.9
Memorandum item
	Consumer durables (b)	534.5	3.5	-	-	543.2

Financial assets

Household selected financial assets, $b
		Transactions, Mar-23	Amounts outstanding, Mar-23	Transactions, Jun-23	Amounts outstanding, Jun-23	Transactions, Sep-23	Amounts outstanding, Sep-23
Total assets	45.7	6,830.5	48.0	6,905.4	75.5	6,992.5
Deposits	25.4	1,567.2	-6.1	1,561.6	50.6	1,614.4
Shares and equity	-0.7	1,297.4	1.7	1,314.5	2.1	1,348.4
Net equity in reserves	21.6	3,230.4	32.4	3,295.8	21.8	3,298.7
	Pension funds	23.2	3,087.2	35.7	3,155.2	23.5	3,160.9
Other assets	-0.6	735.4	20.0	733.5	1.0	731.1

Liabilities

Household selected liabilities, $b
		Transactions, Mar-23	Amounts outstanding, Mar-23	Transactions, Jun-23	Amounts outstanding, Jun-23	Transactions, Sep-23	Amounts outstanding, Sep-23
Total liabilities	24.3	2,940.8	42.2	2,984.0	18.4	3,010.4
Short term loans	-1.0	58.3	0.1	58.4	-0.6	57.8
Long term loans	20.0	2,712.5	42.6	2,756.1	14.6	2,778.7
Other liabilities	5.3	170.0	-0.5	169.5	4.3	173.9

Household wealth grew 2.3% ($339.4b) to $15,305.3b at the end of the September quarter. The increase in net worth was driven by strength in the housing market.

Non-financial assets

Non-financial assets owned by households increased by 2.5% ($278.7b), driven by:

$250.4b rise in residential land and dwellings

House prices continued to increase despite rising interest rates, as supply is still unable to meet current demand.

Financial assets

Financial assets of households increased by 1.3% ($87.1b), with a:

$53.1b rise in currency and deposits
$33.8b rise in shares and other equity
$5.0b rise in superannuation reserves

Total deposits increased by 3.4% driven by seasonal tax refunds. Transferable deposit account balances rose $24.7b, including offset accounts which rose $16.5b. Other deposit accounts (which include term deposit and savings accounts) rose $28.1b.

Shares and other equity increased by 2.6%, driven by equity overseas as the Australian Dollar depreciated against many of the major international currencies.

Total superannuation reserves increased by 0.1% this quarter, as contributions to super outweighed losses in revaluation.

Liabilities

Household liabilities increased by 0.9% ($26.4b), with a:

$17.5b rise in housing loans
$618m drop in short term loans

The growth in housing loans was the weakest since September quarter 2020, as growth in owner-occupier and investor loans remained subdued due to elevated interest rates.

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)
Sep-10	89.2	18.2	42.7	27.2	11.6	4.0	-17.5
Dec-10	70.3	23.4	48.7	13.6	5.2	2.4	-27.9
Mar-11	-10.1	-14.9	29.0	8.3	1.9	-10.8	-26.3
Jun-11	-31.2	9.0	-1.4	0.5	-8.9	-2.8	-28.6
Sep-11	-211.5	-130.1	-71.1	23.6	-15.3	-4.5	-14.2
Dec-11	7.1	-16.6	15.5	15.4	4.7	0.2	-14.6
Mar-12	101.7	26.5	65.1	10.2	18.4	-3.1	-16.5
Jun-12	146.4	28.3	123.0	9.1	-4.3	13.6	-23.9
Sep-12	60.9	-15.0	51.0	22.5	15.8	-4.0	-10.5
Dec-12	179.2	105.9	58.3	12.6	14.6	-2.5	-14.5
Mar-13	145.1	54.4	68.0	9.7	22.9	1.0	-14.6
Jun-13	-1.7	78.6	-52.5	6.4	-3.0	1.3	-36.2
Sep-13	212.0	83.3	88.4	26.3	21.0	-0.5	-11.4
Dec-13	234.8	173.2	53.3	20.4	8.7	7.9	-37.8
Mar-14	138.1	76.5	46.1	9.7	19.4	-1.4	-19.7
Jun-14	116.6	94.9	26.2	7.0	15.3	4.1	-38.0
Sep-14	164.0	82.6	51.3	29.5	13.1	-0.7	-19.6
Dec-14	261.6	169.2	59.6	25.5	24.6	1.9	-30.3
Mar-15	263.3	125.0	106.0	13.9	34.9	7.6	-32.0
Jun-15	202.0	224.7	12.3	6.4	0.1	-5.0	-42.4
Sep-15	122.5	129.6	-24.5	37.2	0.9	-2.5	-22.0
Dec-15	150.2	46.6	76.4	19.6	30.4	-2.7	-25.8
Mar-16	-14.2	9.6	-18.7	12.8	3.6	1.9	-26.2
Jun-16	281.8	137.3	149.0	10.6	16.2	8.1	-41.9
Sep-16	230.7	125.7	79.3	25.3	23.7	3.1	-30.1
Dec-16	335.9	258.0	48.6	24.9	22.8	0.4	-26.4
Mar-17	231.6	160.4	63.2	9.8	20.8	1.6	-29.9
Jun-17	154.6	170.0	16.7	1.4	4.2	-0.5	-41.2
Sep-17	27.6	14.3	-3.4	21.7	11.8	6.6	-26.8
Dec-17	286.0	167.9	95.7	13.5	26.4	9.3	-33.1
Mar-18	-14.5	17.1	-16.6	10.0	2.2	0.3	-30.8
Jun-18	87.3	-26.3	107.9	1.5	21.9	11.8	-31.2
Sep-18	33.6	-51.1	47.7	28.2	18.8	5.1	-16.0
Dec-18	-206.3	-61.0	-111.3	9.5	-7.5	-9.0	-31.0
Mar-19	56.9	-119.6	142.6	5.4	33.6	14.4	-20.2
Jun-19	318.0	68.6	220.6	4.3	27.8	13.1	-15.3
Sep-19	335.1	225.9	63.2	25.9	16.9	11.3	-6.2
Dec-19	288.0	218.8	62.1	12.9	13.0	2.3	-23.8
Mar-20	-250.7	106.0	-275.5	18.2	-63.2	-16.6	-21.6
Jun-20	231.6	-23.8	166.6	35.1	32.3	25.5	-6.3
Sep-20	336.7	221.9	38.1	65.5	7.5	2.7	-5.1
Dec-20	626.1	376.2	167.0	27.3	54.0	11.7	-24.4
Mar-21	552.8	457.0	68.6	13.5	28.2	-1.2	-27.0
Jun-21	576.0	429.4	119.1	5.9	35.0	24.0	-52.7
Sep-21	732.4	600.4	60.8	75.0	26.1	7.7	-53.5
Dec-21	720.6	587.5	93.0	47.7	21.1	6.5	-57.2
Mar-22	167.3	196.2	-54.0	33.7	21.6	-7.1	-40.7
Jun-22	-402.6	-39.9	-293.5	6.2	-22.7	-15.4	-50.6
Sep-22	-222.4	-262.9	-10.7	53.0	15.0	5.9	-31.0
Dec-22	223.8	64.1	113.9	33.8	35.4	6.9	-41.9
Mar-23	182.4	53.7	106.8	26.9	21.3	3.1	-34.7
Jun-23	252.7	219.5	48.7	-5.9	17.1	15.0	-43.3
Sep-23	339.4	277.5	5.0	53.1	33.8	-4.8	-26.4

Household wealth, contribution to growth, quarterly

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

[["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"],[[89.2],[70.3],[-10.1],[-31.2],[-211.5],[7.1],[101.7],[146.4],[60.9],[179.2],[145.1],[-1.7],[212],[234.8],[138.1],[116.6],[164],[261.6],[263.3],[202],[122.5],[150.2],[-14.2],[281.8],[230.7],[335.9],[231.6],[154.6],[27.6],[286],[-14.5],[87.3],[33.6],[-206.3],[56.9],[318],[335.1],[288],[-250.7],[231.6],[336.7],[626.1],[552.8],[576],[732.4],[720.6],[167.3],[-402.6],[-222.4],[223.8],[182.4],[252.7],[339.4]],[[18.2],[23.4],[-14.9],[9],[-130.1],[-16.6],[26.5],[28.3],[-15],[105.9],[54.4],[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],[14.3],[167.9],[17.1],[-26.3],[-51.1],[-61],[-119.6],[68.6],[225.9],[218.8],[106],[-23.8],[221.9],[376.2],[457],[429.4],[600.4],[587.5],[196.2],[-39.9],[-262.9],[64.1],[53.7],[219.5],[277.5]],[[42.7],[48.7],[29],[-1.4],[-71.1],[15.5],[65.1],[123],[51],[58.3],[68],[-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],[38.1],[167],[68.6],[119.1],[60.8],[93],[-54],[-293.5],[-10.7],[113.9],[106.8],[48.7],[5]],[[27.2],[13.6],[8.3],[0.5],[23.6],[15.4],[10.2],[9.1],[22.5],[12.6],[9.7],[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],[65.5],[27.3],[13.5],[5.9],[75],[47.7],[33.7],[6.2],[53],[33.8],[26.9],[-5.9],[53.1]],[[11.6],[5.2],[1.9],[-8.9],[-15.3],[4.7],[18.4],[-4.3],[15.8],[14.6],[22.9],[-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],[26.1],[21.1],[21.6],[-22.7],[15],[35.4],[21.3],[17.1],[33.8]],[[4],[2.4],[-10.8],[-2.8],[-4.5],[0.2],[-3.1],[13.6],[-4],[-2.5],[1],[1.3],[-0.5],[7.9],[-1.4],[4.1],[-0.7],[1.9],[7.6],[-5],[-2.5],[-2.7],[1.9],[8.1],[3.1],[0.4],[1.6],[-0.5],[6.6],[9.3],[0.3],[11.8],[5.1],[-9],[14.4],[13.1],[11.3],[2.3],[-16.6],[25.5],[2.7],[11.7],[-1.2],[24],[7.7],[6.5],[-7.1],[-15.4],[5.9],[6.9],[3.1],[15],[-4.8]],[[-17.5],[-27.9],[-26.3],[-28.6],[-14.2],[-14.6],[-16.5],[-23.9],[-10.5],[-14.5],[-14.6],[-36.2],[-11.4],[-37.8],[-19.7],[-38],[-19.6],[-30.3],[-32],[-42.4],[-22],[-25.8],[-26.2],[-41.9],[-30.1],[-26.4],[-29.9],[-41.2],[-26.8],[-33.1],[-30.8],[-31.2],[-16],[-31],[-20.2],[-15.3],[-6.2],[-23.8],[-21.6],[-6.3],[-5.1],[-24.4],[-27],[-52.7],[-53.5],[-57.2],[-40.7],[-50.6],[-31],[-41.9],[-34.7],[-43.3],[-26.4]]]

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Private non-financial corporations

Financial assets

Private non-financial corporations' selected financial assets, $b
	Transactions, Mar-23	Amounts outstanding, Mar-23	Transactions, Jun-23	Amounts outstanding, Jun-23	Transactions, Sep-23	Amounts outstanding, Sep-23
Total assets	25.1	2,024.6	-1.7	2,028.7	-0.7	2,029.7
Deposits	6.5	808.0	4.6	813.2	-23.7	792.6
Shares and equity	2.1	710.4	-14.5	695.3	15.2	699.2
Other accounts receivable	10.3	270.6	17.7	287.0	3.2	297.2
Other assets	6.2	235.6	-9.5	233.3	4.5	240.7

Liabilities

Private non-financial corporations' selected liabilities, $b
	Transactions, Mar-23	Amounts outstanding, Mar-23	Transactions, Jun-23	Amounts outstanding, Jun-23	Transactions, Sep-23	Amounts outstanding, Sep-23
Total liabilities	47.4	5,246.4	-0.5	5,248.3	74.1	5,273.0
Total debt securities	4.2	271.4	1.1	269.3	-1.7	266.7
Loans	15.4	1,050.1	3.7	1,057.7	24.3	1,091.1
	Authorised deposit taking institutions	12.0	715.3	2.2	717.7	14.7	733.0
	Rest of world	-0.3	231.8	-3.4	232.0	2.2	242.8
Shares and equity	26.2	3,638.5	-3.8	3,632.7	30.5	3,613.8
	Households	4.2	858.0	4.4	869.5	6.7	879.1
	Rest of world	21.7	1,436.0	-21.1	1,405.0	16.9	1,397.0
Other liabilities	1.7	286.4	-1.5	288.6	21.1	301.4

Other private non-financial corporations demand for credit

Other private non-financial corporations demand for credit of $46.5b was driven by:

equity raising of $27.0b, and
$21.2b of loan borrowings.

Partly offset by:

$4.3b of bond maturities.

Other private non-financial corporations' demand for credit
	Total ($b)	Short-term debt ($b)	Bonds ($b)	Loans ($b)	Equity ($b)
Sep-10	15.3	-0.2	8.3	-7.0	14.1
Dec-10	20.9	-7.0	2.2	-6.5	32.2
Mar-11	7.1	-2.3	4.6	5.7	-1.0
Jun-11	5.9	-3.2	4.1	-8.1	13.1
Sep-11	30.1	8.0	-2.3	19.0	5.4
Dec-11	-3.7	-3.6	9.6	-0.2	-9.5
Mar-12	27.6	0.3	7.9	8.6	10.8
Jun-12	16.0	-2.5	1.8	13.0	3.7
Sep-12	16.3	-3.6	10.6	-2.5	11.8
Dec-12	14.8	-5.0	9.2	2.7	7.8
Mar-13	24.8	-1.8	5.5	9.9	11.1
Jun-13	37.4	-3.2	1.8	17.3	21.5
Sep-13	26.1	1.6	6.7	3.0	14.8
Dec-13	38.6	-7.7	8.4	16.2	21.7
Mar-14	7.9	-3.9	-0.7	0.7	11.8
Jun-14	32.3	-3.4	-5.6	22.5	18.8
Sep-14	33.6	-2.6	9.5	1.7	24.9
Dec-14	35.4	-1.8	-5.8	14.6	28.4
Mar-15	43.2	-3.3	8.9	22.9	14.6
Jun-15	27.0	-2.7	10.5	3.2	16.0
Sep-15	39.7	-1.9	-6.1	31.3	16.5
Dec-15	33.4	-2.0	8.6	12.3	14.5
Mar-16	30.4	-2.4	6.3	14.3	12.1
Jun-16	11.1	-3.1	-5.0	3.3	16.0
Sep-16	20.3	-2.1	-4.9	8.0	19.4
Dec-16	56.5	-2.5	2.9	13.5	42.5
Mar-17	6.3	-0.2	-9.9	1.1	15.4
Jun-17	38.0	-1.4	7.6	3.5	28.3
Sep-17	33.4	-3.8	-1.1	4.5	33.8
Dec-17	30.9	-1.2	-5.0	9.6	27.4
Mar-18	39.0	-0.6	3.4	14.1	22.1
Jun-18	14.0	-2.4	9.1	-11.0	18.3
Sep-18	67.0	-3.4	2.3	24.4	43.6
Dec-18	8.8	-2.8	-0.3	5.0	6.9
Mar-19	35.5	-2.6	-1.6	19.5	20.1
Jun-19	38.8	-4.1	8.4	12.5	21.9
Sep-19	18.1	-1.1	1.2	9.2	8.8
Dec-19	21.0	-2.7	0.3	3.3	20.1
Mar-20	49.7	0.7	-7.7	42.5	14.1
Jun-20	-7.2	-2.5	-7.8	-23.2	26.3
Sep-20	0.3	-0.5	-9.2	-12.9	22.9
Dec-20	1.8	-2.6	-12.1	-14.0	30.5
Mar-21	16.0	0.7	-0.2	8.8	6.7
Jun-21	9.1	-0.1	-3.3	6.1	6.4
Sep-21	54.8	-1.7	-5.3	15.4	46.4
Dec-21	32.4	-1.7	0.9	-4.2	37.4
Mar-22	165.4	-1.0	5.2	12.8	148.3
Jun-22	42.9	-0.1	-0.2	31.0	12.3
Sep-22	73.4	1.9	-3.6	33.6	41.4
Dec-22	18.5	-0.1	-1.9	6.6	13.9
Mar-23	40.8	0.6	3.0	12.4	24.9
Jun-23	-3.1	-2.8	4.9	2.4	-7.6
Sep-23	46.5	2.7	-4.3	21.2	27.0

Other private non-financial corporations' demand for credit

["","Total","Short-term debt","Bonds","Loans","Equity"]

[["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"],[[15.3],[20.9],[7.1],[5.9],[30.1],[-3.7],[27.6],[16],[16.3],[14.8],[24.8],[37.4],[26.1],[38.6],[7.9],[32.3],[33.6],[35.4],[43.2],[27],[39.7],[33.4],[30.4],[11.1],[20.3],[56.5],[6.3],[38],[33.4],[30.9],[39],[14],[67],[8.8],[35.5],[38.8],[18.1],[21],[49.7],[-7.2],[0.3],[1.8],[16],[9.1],[54.8],[32.4],[165.4],[42.9],[73.4],[18.5],[40.8],[-3.1],[46.5]],[[-0.2],[-7],[-2.3],[-3.2],[8],[-3.6],[0.3],[-2.5],[-3.6],[-5],[-1.8],[-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],[-1],[-0.1],[1.9],[-0.1],[0.6],[-2.8],[2.7]],[[8.3],[2.2],[4.6],[4.1],[-2.3],[9.6],[7.9],[1.8],[10.6],[9.2],[5.5],[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],[-9.2],[-12.1],[-0.2],[-3.3],[-5.3],[0.9],[5.2],[-0.2],[-3.6],[-1.9],[3],[4.9],[-4.3]],[[-7],[-6.5],[5.7],[-8.1],[19],[-0.2],[8.6],[13],[-2.5],[2.7],[9.9],[17.3],[3],[16.2],[0.7],[22.5],[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],[3.3],[42.5],[-23.2],[-12.9],[-14],[8.8],[6.1],[15.4],[-4.2],[12.8],[31],[33.6],[6.6],[12.4],[2.4],[21.2]],[[14.1],[32.2],[-1],[13.1],[5.4],[-9.5],[10.8],[3.7],[11.8],[7.8],[11.1],[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],[22.9],[30.5],[6.7],[6.4],[46.4],[37.4],[148.3],[12.3],[41.4],[13.9],[24.9],[-7.6],[27]]]

[]

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The debt to equity ratio (adjusted for price changes) increased to 0.61. This reflects private non-financial corporations increased preference for debt as well as revaluation losses on equities.

Growth in firm’s debt was driven by loan borrowing to fund investment in engineering construction. Firms’ equity fell, driven by revaluation losses on equities on the listed share market. This was partly offset by equity raising of $30.5b.

Private non-financial corporations' debt to equity ratio
	Debt to equity ratio, adjusted for price changes, September 2003 base	Debt to equity ratio
Sep-03	0.54	0.54
Dec-03	0.54	0.52
Mar-04	0.53	0.50
Jun-04	0.54	0.50
Sep-04	0.55	0.48
Dec-04	0.58	0.48
Mar-05	0.58	0.48
Jun-05	0.66	0.52
Sep-05	0.67	0.50
Dec-05	0.69	0.51
Mar-06	0.70	0.50
Jun-06	0.72	0.52
Sep-06	0.73	0.52
Dec-06	0.76	0.51
Mar-07	0.78	0.50
Jun-07	0.78	0.49
Sep-07	0.82	0.51
Dec-07	0.85	0.54
Mar-08	0.87	0.60
Jun-08	0.88	0.60
Sep-08	0.90	0.69
Dec-08	0.90	0.81
Mar-09	0.86	0.79
Jun-09	0.80	0.70
Sep-09	0.79	0.63
Dec-09	0.77	0.60
Mar-10	0.76	0.60
Jun-10	0.75	0.64
Sep-10	0.75	0.60
Dec-10	0.71	0.55
Mar-11	0.72	0.55
Jun-11	0.71	0.56
Sep-11	0.72	0.63
Dec-11	0.74	0.64
Mar-12	0.74	0.61
Jun-12	0.75	0.66
Sep-12	0.75	0.64
Dec-12	0.75	0.62
Mar-13	0.75	0.61
Jun-13	0.75	0.65
Sep-13	0.75	0.62
Dec-13	0.75	0.63
Mar-14	0.74	0.62
Jun-14	0.74	0.61
Sep-14	0.74	0.63
Dec-14	0.73	0.63
Mar-15	0.74	0.62
Jun-15	0.73	0.63
Sep-15	0.74	0.67
Dec-15	0.74	0.65
Mar-16	0.75	0.65
Jun-16	0.74	0.63
Sep-16	0.73	0.60
Dec-16	0.72	0.59
Mar-17	0.72	0.58
Jun-17	0.72	0.58
Sep-17	0.71	0.57
Dec-17	0.70	0.54
Mar-18	0.70	0.55
Jun-18	0.69	0.53
Sep-18	0.69	0.53
Dec-18	0.69	0.55
Mar-19	0.69	0.52
Jun-19	0.68	0.51
Sep-19	0.68	0.52
Dec-19	0.67	0.50
Mar-20	0.69	0.61
Jun-20	0.66	0.53
Sep-20	0.65	0.52
Dec-20	0.62	0.48
Mar-21	0.63	0.48
Jun-21	0.63	0.46
Sep-21	0.62	0.46
Dec-21	0.61	0.44
Mar-22	0.58	0.42
Jun-22	0.59	0.46
Sep-22	0.60	0.47
Dec-22	0.59	0.45
Mar-23	0.60	0.44
Jun-23	0.60	0.44
Sep-23	0.61	0.46

Private non-financial corporations' debt to equity ratio

["","Debt\u00a0to\u00a0equity\u00a0ratio,\u00a0adjusted\u00a0for\u00a0price\u00a0changes,\u00a0September 2003 base","Debt\u00a0to\u00a0equity\u00a0ratio"]

[["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"],[[0.54],[0.54],[0.53],[0.54],[0.55],[0.58],[0.58],[0.66],[0.67],[0.69],[0.7],[0.72],[0.73],[0.76],[0.78],[0.78],[0.82],[0.85],[0.87],[0.88],[0.9],[0.9],[0.86],[0.8],[0.79],[0.77],[0.76],[0.75],[0.75],[0.71],[0.72],[0.71],[0.72],[0.74],[0.74],[0.75],[0.75],[0.75],[0.75],[0.75],[0.75],[0.75],[0.74],[0.74],[0.74],[0.73],[0.74],[0.73],[0.74],[0.74],[0.75],[0.74],[0.73],[0.72],[0.72],[0.72],[0.71],[0.7],[0.7],[0.69],[0.69],[0.69],[0.69],[0.68],[0.68],[0.67],[0.69],[0.66],[0.65],[0.62],[0.63],[0.63],[0.62],[0.61],[0.58],[0.59],[0.6],[0.59],[0.6],[0.6],[0.61]],[[0.54],[0.52],[0.5],[0.5],[0.48],[0.48],[0.48],[0.52],[0.5],[0.51],[0.5],[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],[0.52],[0.5],[0.61],[0.53],[0.52],[0.48],[0.48],[0.46],[0.46],[0.44],[0.42],[0.46],[0.47],[0.45],[0.44],[0.44],[0.46]]]

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Financial corporations

Financial assets and liabilities

Financial corporations' financial assets, $b
	Amounts outstanding, Jun-23	Transactions, Sep-23	Other changes, Sep-23	Amounts outstanding, Sep-23
Central bank	634.5	-78.1	-1.0	555.4
Authorised deposit taking institutions	5,269.0	-31.9	146.7	5,383.8
Other broad money institutions	197.6	10.7	-0.3	208.1
Pension funds	2,977.3	23.3	-17.8	2,982.8
Life insurance corporations	176.7	-1.3	-1.5	173.9
Non-life insurance corporations	281.7	11.3	-1.7	291.4
Money market investment funds	31.4	0.1	0.0	31.5
Non-money market investment funds	1,182.4	11.8	-4.0	1,190.3
Central borrowing authorities	647.8	7.0	0.2	655.0
Securitisers	755.7	-7.4	0.1	748.4
Other financial corporations	116.0	-29.8	27.9	114.2

Financial corporations' liabilities, $b
	Amounts outstanding, Jun-23	Transactions, Sep-23	Other changes, Sep-23	Amounts outstanding, Sep-23
Central bank	635.2	-76.0	-2.8	556.4
Authorised deposit taking institutions	5,407.2	-63.2	176.9	5,520.9
Other broad money institutions	157.8	-0.1	-0.8	156.9
Pension funds	3,210.8	23.5	-15.0	3,219.2
Life insurance corporations	168.5	-1.1	-0.7	166.7
Non-life insurance corporations	313.7	4.5	0.4	318.6
Money market investment funds	31.4	0.0	0.2	31.5
Non-money market investment funds	1,314.1	3.0	-0.2	1,317.0
Central borrowing authorities	617.6	9.9	-0.8	626.7
Securitisers	787.7	3.6	-2.6	788.7
Other financial corporations	228.0	-30.0	30.2	228.3

Authorised deposit-taking institutions (ADIs)

Financial assets

Authorised deposit-taking institutions' selected financial assets, $b
	Transactions, Mar-23	Amounts outstanding, Mar-23	Transactions, Jun-23	Amounts outstanding, Jun-23	Transactions, Sep-23	Amounts outstanding, Sep-23
Total assets	-118.3	5,173.5	-95.4	5,269.0	-31.9	5,383.8
Deposits	-13.0	537.3	-28.6	508.8	-53.0	455.7
Bonds	-23.9	803.2	34.4	825.7	99.1	920.5
	Securitisers	-35.8	410.4	20.2	427.7	74.4	502.2
	National general government	7.1	79.1	9.6	85.2	-9.4	75.1
Loans	49.8	3,015.2	31.4	3,049.3	29.7	3,081.9
Other assets	-131.2	817.8	-132.6	885.3	-107.7	925.7

Liabilities

Authorised deposit-taking institutions' selected liabilities, $b
		Transactions, Mar-23	Amounts outstanding, Mar-23	Transactions, Jun-23	Amounts outstanding, Jun-23	Transactions, Sep-23	Amounts outstanding, Sep-23
Total liabilities	-105.2	5,315.2	-114.1	5,407.2	-63.2	5,520.9
Deposits	38.2	3,162.4	-7.4	3,157.2	31.3	3,195.8
	Other private non-fin corps	6.3	747.4	9.7	757.5	-19.1	741.1
	Pension funds	10.8	270.9	6.9	277.9	5.0	283.3
	Households	24.8	1,539.3	-6.8	1,532.6	49.9	1,582.9
Bonds	22.6	501.7	17.5	515.3	13.2	529.6
Shares and equities	-1.6	578.1	-0.9	581.1	-2.0	591.6
Other liabilities	-164.4	1,073.0	-123.3	1,153.6	-105.6	1,204.0

Financial assets of ADIs rose $114.8b, reflecting

a $94.8b increase in bonds;
a $47.9b increase in derivatives; and
a $32.6b increase in loans.

This was offset by a $53.1b fall in deposits.
The First Allowance of the The Reserve Bank of Australia's Term Funding Facility (TFF) matured on 30th September 2023. ADIs used their exchange settlement accounts to repay the TFF, driving the fall in their deposits. The majority of funding was secured with residential mortgage-backed securities, which have now shifted back on to the balance sheet of ADIs, resulting in a $74.6b increase in ADIs holdings of bonds issued by securitisers. To ensure ADIs continued to meet their liquidity requirements without this TFF support, they acquired $20.7b of semi-government bonds.

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)
Sep-10	28.8	-8.2	1.4	6.3	8.4	12.8	9.4	-1.6
Dec-10	11.0	10.6	-3.8	1.1	-14.2	16.2	-1.4	0.0
Mar-11	45.4	5.5	-3.1	1.8	-4.8	53.0	-5.0	0.7
Jun-11	30.9	-2.6	-2.1	18.3	-4.0	29.6	-8.6	0.1
Sep-11	99.5	9.1	0.0	36.4	33.0	30.7	-11.8	1.7
Dec-11	-18.1	-21.4	-4.9	-5.7	-17.2	22.6	9.1	-2.9
Mar-12	10.5	-6.0	3.8	24.8	-9.4	-3.4	-0.2	2.7
Jun-12	64.6	-6.3	0.2	8.3	27.5	35.9	0.5	-0.9
Sep-12	35.8	2.5	-1.1	43.3	3.4	-25.1	10.5	2.3
Dec-12	15.2	-6.4	-1.0	8.8	-19.0	26.3	6.4	-2.7
Mar-13	28.8	1.4	-7.9	9.6	-12.4	26.5	11.9	1.3
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	46.7	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	64.6	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	-38.3	3.7	4.3	-19.0	-52.7	21.2	5.0	-1.9
Mar-20	478.2	79.7	7.0	215.9	251.9	-54.7	-42.1	19.3
Jun-20	-190.9	-28.7	5.9	132.7	-115.6	-158.0	-21.8	-3.1
Sep-20	-62.4	-21.7	-12.3	-34.3	-40.3	29.3	-3.4	20.2
Dec-20	27.2	48.8	-7.1	-80.7	23.4	31.5	16.9	-6.6
Mar-21	7.6	97.0	-3.0	-88.5	-83.6	41.8	37.3	7.3
Jun-21	37.1	132.9	-0.3	-131.7	-25.4	31.4	12.6	18.6
Sep-21	129.6	48.2	-1.6	21.7	-9.9	64.6	5.8	0.9
Dec-21	110.4	33.6	7.1	2.7	-2.8	82.1	3.7	-16.9
Mar-22	172.4	26.6	5.6	64.9	81.1	-14.4	3.2	5.9
Jun-22	318.6	-12.2	12.2	39.3	172.2	115.3	-8.6	0.3
Sep-22	242.5	24.8	3.5	0.1	151.5	82.7	-15.0	-4.7
Dec-22	-50.5	-0.7	3.3	5.4	-105.1	38.3	10.0	-2.4
Mar-23	-73.9	-12.4	-2.2	-9.3	-107.8	53.9	-0.9	4.5
Jun-23	95.5	-28.5	-9.3	22.4	76.3	34.1	4.7	-4.1
Sep-23	114.8	-53.1	7.8	94.8	47.9	32.6	-4.7	-9.3

Change in authorised deposit taking institutions' assets

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

[["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"],[[28.8],[11],[45.4],[30.9],[99.5],[-18.1],[10.5],[64.6],[35.8],[15.2],[28.8],[78.4],[18.2],[89.2],[20.3],[63.7],[94.4],[114.1],[145.1],[-3],[138.6],[-14.7],[46.7],[79.7],[5.7],[64.6],[-26],[52.9],[-21.5],[21.4],[80.5],[33.7],[3.3],[53.5],[34.8],[67.6],[113],[-38.3],[478.2],[-190.9],[-62.4],[27.2],[7.6],[37.1],[129.6],[110.4],[172.4],[318.6],[242.5],[-50.5],[-73.9],[95.5],[114.8]],[[-8.2],[10.6],[5.5],[-2.6],[9.1],[-21.4],[-6],[-6.3],[2.5],[-6.4],[1.4],[-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],[-12.2],[24.8],[-0.7],[-12.4],[-28.5],[-53.1]],[[1.4],[-3.8],[-3.1],[-2.1],[0],[-4.9],[3.8],[0.2],[-1.1],[-1],[-7.9],[-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],[-12.3],[-7.1],[-3],[-0.3],[-1.6],[7.1],[5.6],[12.2],[3.5],[3.3],[-2.2],[-9.3],[7.8]],[[6.3],[1.1],[1.8],[18.3],[36.4],[-5.7],[24.8],[8.3],[43.3],[8.8],[9.6],[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],[-34.3],[-80.7],[-88.5],[-131.7],[21.7],[2.7],[64.9],[39.3],[0.1],[5.4],[-9.3],[22.4],[94.8]],[[8.4],[-14.2],[-4.8],[-4],[33],[-17.2],[-9.4],[27.5],[3.4],[-19],[-12.4],[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],[47.9]],[[12.8],[16.2],[53],[29.6],[30.7],[22.6],[-3.4],[35.9],[-25.1],[26.3],[26.5],[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],[21.2],[-54.7],[-158],[29.3],[31.5],[41.8],[31.4],[64.6],[82.1],[-14.4],[115.3],[82.7],[38.3],[53.9],[34.1],[32.6]],[[9.4],[-1.4],[-5],[-8.6],[-11.8],[9.1],[-0.2],[0.5],[10.5],[6.4],[11.9],[-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],[37.3],[12.6],[5.8],[3.7],[3.2],[-8.6],[-15],[10],[-0.9],[4.7],[-4.7]],[[-1.6],[0],[0.7],[0.1],[1.7],[-2.9],[2.7],[-0.9],[2.3],[-2.7],[1.3],[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],[0.9],[-16.9],[5.9],[0.3],[-4.7],[-2.4],[4.5],[-4.1],[-9.3]]]

[]

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Liabilities of ADIs grew $113.7b, with:

a $47.1b increase in derivatives; and
a $38.6b increase in deposits

ADIs also continued to return to traditional means of funding, issuing:

$14.0b worth on bonds domestically; and
$9.3b of one name paper offshore

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)
Sep-10	34.7	49.2	-29.3	-13	17.7	-13.5	23.8	-0.2
Dec-10	-2	26.7	10.9	-18.4	-17	2.1	-5	-1.3
Mar-11	37.9	39.1	6	-5.7	-6.2	-2.8	6.6	0.9
Jun-11	0.1	24.2	-5.7	-4.1	-5.2	5.7	-14.8	-0.1
Sep-11	75.7	63.6	7.9	24.4	3.5	6.9	-31	0.3
Dec-11	-19.2	-1.6	3.9	-22.8	4.2	-15.1	13	-0.8
Mar-12	27.8	2.5	6.3	4.2	-8.8	2.8	19.4	1.5
Jun-12	57.3	53.1	-5.1	-2.6	22.6	-5.3	-5.1	-0.3
Sep-12	61.9	48.3	-20.5	6.6	-4.8	0.6	30.6	1.2
Dec-12	31.2	32.4	9.3	-16.3	-10.5	-3.4	19.1	0.7
Mar-13	42.9	0.9	6.5	-10	-5.8	0.8	50	0.5
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	-86.1	5.7	21.8	-27.7	-38.3	-0.9	-41.2	-5.7
Mar-20	338.5	190.8	-13.1	36.6	205.9	29.3	-130.8	19.9
Jun-20	-100.5	9.6	-24.8	-38	-70	-15.3	44.3	-6.3
Sep-20	-77	68.9	-24.2	-31.4	-54.9	-16.1	-19.9	0.6
Dec-20	94.9	3.7	14.6	-22	35.8	-14.1	85	-8.1
Mar-21	6.9	34.2	19	-29.5	-99.6	16.8	60.2	5.7
Jun-21	58.7	42.1	5.3	3.3	-29.9	8.2	32.1	-2.4
Sep-21	143.6	93.8	20.7	-3.6	-11.6	8.5	25.3	10.4
Dec-21	86.8	60.6	48.6	-4.4	0.7	16.4	-16.8	-18.2
Mar-22	174.5	58.8	-11.5	-14.1	95.4	13.4	22.6	9.9
Jun-22	206.1	98.6	35.1	16.5	152.9	-1.6	-96.5	1.2
Sep-22	229	65	-4.1	5.1	151.9	0.8	13.2	-2.9
Dec-22	9.3	21.2	15.7	20.7	-73.5	-13.5	46	-7.2
Mar-23	-80.8	41.7	-10	30.9	-126	-11.5	-16.3	10.5
Jun-23	92	-5.2	-3.1	13.6	84.6	2.1	3	-3
Sep-23	113.7	38.6	12.3	14.3	47.1	-6.8	10.5	-2.2

Change in authorised deposit taking institutions' liabilities

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

[["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"],[[34.7],[-2],[37.9],[0.1],[75.7],[-19.2],[27.8],[57.3],[61.9],[31.2],[42.9],[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],[-86.1],[338.5],[-100.5],[-77],[94.9],[6.9],[58.7],[143.6],[86.8],[174.5],[206.1],[229],[9.3],[-80.8],[92],[113.7]],[[49.2],[26.7],[39.1],[24.2],[63.6],[-1.6],[2.5],[53.1],[48.3],[32.4],[0.9],[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],[5.7],[190.8],[9.6],[68.9],[3.7],[34.2],[42.1],[93.8],[60.6],[58.8],[98.6],[65],[21.2],[41.7],[-5.2],[38.6]],[[-29.3],[10.9],[6],[-5.7],[7.9],[3.9],[6.3],[-5.1],[-20.5],[9.3],[6.5],[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],[-24.2],[14.6],[19],[5.3],[20.7],[48.6],[-11.5],[35.1],[-4.1],[15.7],[-10],[-3.1],[12.3]],[[-13],[-18.4],[-5.7],[-4.1],[24.4],[-22.8],[4.2],[-2.6],[6.6],[-16.3],[-10],[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],[-4.4],[-14.1],[16.5],[5.1],[20.7],[30.9],[13.6],[14.3]],[[17.7],[-17],[-6.2],[-5.2],[3.5],[4.2],[-8.8],[22.6],[-4.8],[-10.5],[-5.8],[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],[-29.9],[-11.6],[0.7],[95.4],[152.9],[151.9],[-73.5],[-126],[84.6],[47.1]],[[-13.5],[2.1],[-2.8],[5.7],[6.9],[-15.1],[2.8],[-5.3],[0.6],[-3.4],[0.8],[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],[-11.5],[2.1],[-6.8]],[[23.8],[-5],[6.6],[-14.8],[-31],[13],[19.4],[-5.1],[30.6],[19.1],[50],[-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],[-19.9],[85],[60.2],[32.1],[25.3],[-16.8],[22.6],[-96.5],[13.2],[46],[-16.3],[3],[10.5]],[[-0.2],[-1.3],[0.9],[-0.1],[0.3],[-0.8],[1.5],[-0.3],[1.2],[0.7],[0.5],[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],[1.2],[-2.9],[-7.2],[10.5],[-3],[-2.2]]]

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Pension (superannuation) funds

Financial assets

Pension (superannuation) funds' selected financial assets, $b
	Transactions, Mar-23	Amounts outstanding, Mar-23	Transactions, Jun-23	Amounts outstanding, Jun-23	Transactions, Sep-23	Amounts outstanding, Sep-23
Total assets	27.3	2,913.4	30.6	2,977.3	23.3	2,982.8
Deposits	10.6	282.6	5.5	288.2	5.1	293.9
Debt securities	5.8	209.1	14.5	216.7	10.8	228.7
Shares and equity	11.9	2,362.3	11.7	2,412.1	14.0	2,398.7
	Other private non-fin corps	2.0	447.1	4.7	450.6	4.5	445.6
	Non-money market investment funds	2.8	923.2	-2.8	930.0	2.3	925.0
	Rest of world	6.2	524.1	4.1	552.7	3.6	547.9
Net equity in life offices	-0.7	14.5	-0.4	14.0	-0.3	13.7
Other assets	-0.3	45.0	-0.6	46.2	-6.4	47.7

Liabilities

Pension (superannuation) funds' selected liabilities, $b
		Transactions, Mar-23	Amounts outstanding, Mar-23	Transactions, Jun-23	Amounts outstanding, Jun-23	Transactions, Sep-23	Amounts outstanding, Sep-23
Total liabilities	25.1	3,145.2	30.8	3,210.8	23.5	3,219.2
Net equity in reserves	23.4	3,092.3	35.9	3,160.9	23.8	3,166.6
	Households	23.2	3,087.2	35.7	3,155.2	23.5	3,160.9
Other liabilities	1.7	52.8	-5.1	49.9	-0.3	52.6

Total financial assets of pension (superannuation funds) increased by 0.2% ($5.5b), with a:

$10.5b increase in bonds
$5.7b increase in deposits
Offset by $13.4b decrease in equities.

Pension funds acquired $9.4b in bonds and $14.0b in shares and other equity this quarter. Shares and other equity experienced revaluation losses of $27.4b as domestic and overseas share prices fell during the quarter. Pension funds acquired bonds issued by rest of world and the Commonwealth government this quarter. Pension funds also took advantage of higher interest rates, placing $5.1b in deposit accounts.

Pension funds' financial assets
	Total assets (RHS) ($b)	Revaluations (LHS) ($b)	Transactions (LHS) ($b)
Sep-10	1,146.3	33.2	9.2
Dec-10	1,190.9	29.3	15.4
Mar-11	1,218.2	10.2	17.1
Jun-11	1,209.0	-34.8	25.7
Sep-11	1,136.8	-83.4	11.1
Dec-11	1,146.6	-3.3	13.1
Mar-12	1,207.1	41.8	18.7
Jun-12	1,202.4	-37.7	33.1
Sep-12	1,247.2	30.7	14.1
Dec-12	1,298.2	34.2	16.7
Mar-13	1,361.1	43.8	19.1
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	1,745.0	-52.3	34.8
Sep-15	1,719.0	-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	2,409.6	25.3	8.0
Dec-20	2,569.7	143.0	17.1
Mar-21	2,639.8	49.2	20.8
Jun-21	2,799.0	124.0	35.2
Sep-21	2,854.6	39.6	16.0
Dec-21	2,930.8	59.6	16.5
Mar-22	2,872.2	-73.0	14.4
Jun-22	2,701.6	-201.0	30.4
Sep-22	2,709.0	-11.2	18.6
Dec-22	2,803.5	81.7	12.8
Mar-23	2,913.4	82.6	27.3
Jun-23	2,977.3	33.3	30.6
Sep-23	2,982.8	-17.8	23.3

Pension funds' financial assets

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

[["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"],[[1146.3],[1190.9],[1218.2],[1209],[1136.8],[1146.6],[1207.1],[1202.4],[1247.2],[1298.2],[1361.1],[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],[2409.6],[2569.7],[2639.8],[2799],[2854.6],[2930.8],[2872.2],[2701.6],[2709],[2803.5],[2913.4],[2977.3],[2982.8]],[[33.2],[29.3],[10.2],[-34.8],[-83.4],[-3.3],[41.8],[-37.7],[30.7],[34.2],[43.8],[-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],[25.3],[143],[49.2],[124],[39.6],[59.6],[-73],[-201],[-11.2],[81.7],[82.6],[33.3],[-17.8]],[[9.2],[15.4],[17.1],[25.7],[11.1],[13.1],[18.7],[33.1],[14.1],[16.7],[19.1],[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],[8],[17.1],[20.8],[35.2],[16],[16.5],[14.4],[30.4],[18.6],[12.8],[27.3],[30.6],[23.3]]]

[]

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Government

National general government financial assets

National general government selected financial assets, $b
	Transactions, Mar-23	Amounts outstanding, Mar-23	Transactions, Jun-23	Amounts outstanding, Jun-23	Transactions, Sep-23	Amounts outstanding, Sep-23
Total assets	24.4	729.0	8.8	728.0	1.1	729.8
Deposits	15.7	119.0	8.8	128.0	-3.8	124.7
	Central bank	14.8	87.3	11.0	98.3	-4.9	93.3
	Authorised deposit taking institutions	0.5	24.6	-1.3	23.3	1.0	24.4
One name paper	-4.0	32.6	5.5	37.5	-5.0	32.6
Shares and equity	4.7	196.5	-2.0	184.0	-0.6	181.6
Other assets	8.1	380.9	-3.5	378.5	10.5	390.8

National general government liabilities

National general government selected liabilities, $b
	Transactions, Mar-23	Amounts Outstanding, Mar-23	Transactions, Jun-23	Amounts Outstanding, Jun-23	Transactions, Sep-23	Amounts Outstanding, Sep-23
Total liabilities	12.2	1,290.8	-0.5	1,238.8	7.2	1,240.4
One name paper	1.9	30.4	-4.1	26.3	0.9	27.2
Bonds	11.3	863.4	-13.6	812.1	9.5	813.8
	Central bank	-0.4	274.8	-12.4	250.8	4.7	253.0
	Authorised deposit taking institutions	7.1	79.1	9.6	85.2	-9.4	75.1
	Rest of world	2.1	405.5	-13.6	373.4	6.3	376.2
Other liabilities	-1.0	396.9	17.2	400.4	-3.2	399.4

State and local general government financial assets

State and local general government selected financial assets, $b
	Transactions, Mar-23	Amounts Outstanding, Mar-23	Transactions, Jun-23	Amounts Outstanding, Jun-23	Transactions, Sep-23	Amounts Outstanding, Sep-23
Total assets	5.6	658.0	10.0	691.7	-8.8	691.6
Deposits	2.9	102.1	2.8	104.8	-7.1	97.8
Loans and placements	1.5	69.6	6.0	75.6	-3.9	71.7
Shares and equity	0.6	456.0	0.3	480.3	0.6	489.6
	State and local PNFCs	0.0	333.0	0.0	347.8	0.0	352.8
	Other private non-fin corps	0.1	40.5	0.3	40.8	0.1	40.7
Other assets	5.6	658.0	10.0	691.7	-8.8	691.6

State and local general government liabilities

State and local general government selected liabilities, $b
	Transactions, Mar-23	Amounts Outstanding, Mar-23	Transactions, Jun-23	Amounts Outstanding, Jun-23	Transactions, Sep-23	Amounts Outstanding, Sep-23
Total liabilities	5.6	582.3	13.2	589.5	10.5	597.2
Loans and placements	5.0	376.4	9.6	386.0	8.1	394.1
	Central borrowing authorities	5.4	349.4	6.0	355.3	15.4	370.8
Unfunded superannuation claims	0.7	118.8	0.7	113.8	0.7	112.1
Other liabilities	0.0	87.1	2.8	89.6	1.7	91.0

General government

General government (national, and state and local) were net borrowers of $25.4b. This was driven by a:

$10.9b withdrawal of deposit assets
$9.7b net issuance of bond liabilities
$7.9b borrowing of loans

National general government were net borrowers of $6.1b this quarter. The national general government's position was mainly driven by a:

$9.5b net issuance of bond liabilities
$5.0b disposal of one name paper assets
$3.8b withdrawal of deposit assets

While net bond issuance was the largest contributor to the net borrowing position of national general government, the total value of treasury bonds outstanding increased by only $1.7b. The market value impact of treasury bond yield rises partly offset the additional issuance.

State and local general government were net borrowers of $19.3b this quarter. The state and local general government's position was mainly driven by a:

$8.1b borrowing of loans
$7.1b withdrawal of deposit assets

Loan liabilities of state and local general governments continued to grow as state governments obtain funding for transport infrastructure and operating expenses. State and local general government also drew down on deposits this quarter, following a build up of deposits during the previous two quarters.

General government's change in financial position
	Net lending/borrowing ($b)	Deposits ($b)	Notes ($b)	Bonds ($b)	Loans ($b)	Other ($b)
Sep-10	-24.7	-5.8	-8.7	-6.5	-5.2	1.5
Dec-10	-16.3	-2.5	0.2	-11.6	3.8	-6.1
Mar-11	-17.1	2.0	0.3	-12.5	-4.2	-2.8
Jun-11	-19.8	8.0	1.2	-10.4	-7.3	-11.3
Sep-11	-25.8	-3.5	-0.3	-21.3	-9.0	8.3
Dec-11	-14.9	11.3	0.9	-22.0	-2.1	-2.9
Mar-12	-13.2	3.4	-1.7	-13.8	-0.3	-0.7
Jun-12	-30.1	-7.4	1.4	-4.9	-5.0	-14.2
Sep-12	-24.3	9.3	-3.5	-15.2	-15.5	0.5
Dec-12	-12.4	2.9	-5.3	-10.8	6.3	-5.5
Mar-13	-15.5	0.5	1.8	-13.3	-2.1	-2.4
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	-2.3
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	-12.8	15.7	6.9	-19.8	-0.5	-15.2
Sep-17	-18.7	-24.2	0.5	-0.9	-4.0	9.8
Dec-17	-2.6	8.6	-5.6	-14.7	1.7	7.4
Mar-18	-0.9	-1.0	-2.2	-5.1	1.6	5.8
Jun-18	-0.2	5.0	6.2	-11.3	6.2	-6.3
Sep-18	-18.5	-3.3	-0.3	-2.4	-1.8	-10.7
Dec-18	-9.2	-18.2	2.0	-2.3	-3.1	12.4
Mar-19	-0.3	-1.4	1.6	3.7	0.4	-4.7
Jun-19	-9.2	6.6	0.1	-10.5	-2.5	-3.0
Sep-19	-22.9	0.3	-1.3	-13.7	-8.6	0.3
Dec-19	-14.2	-7.7	-4.0	1.0	-6.3	2.8
Mar-20	-14.3	21.1	-16.3	-15.7	-12.7	9.3
Jun-20	-89.0	46.9	-25.8	-71.0	-26.0	-13.1
Sep-20	-102.6	42.4	0.1	-117.2	-30.6	2.7
Dec-20	-45.6	-32.3	16.5	-23.0	-21.7	14.9
Mar-21	-18.1	-15.0	14.0	-21.9	-0.5	5.3
Jun-21	-15.5	1.1	4.6	-5.7	1.1	-16.7
Sep-21	-43.4	9.6	0.0	-23.9	-26.7	-2.5
Dec-21	-25.7	8.8	-5.2	-8.4	-5.8	-15.1
Mar-22	-3.6	3.0	3.5	-18.3	0.3	7.7
Jun-22	-16.3	34.3	-8.4	-26.0	-16.1	0.0
Sep-22	-28.4	-6.6	1.1	4.6	-18.8	-8.6
Dec-22	-14.8	-14.2	-0.5	-1.5	-7.4	8.7
Mar-23	12.2	18.6	-4.9	-11.5	-2.2	12.0
Jun-23	6.1	11.6	10.0	14.9	-4.6	-25.8
Sep-23	-25.4	-10.9	-5.8	-7.2	-12.7	11.2

General government's change in financial position

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

[["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"],[[-24.7],[-16.3],[-17.1],[-19.8],[-25.8],[-14.9],[-13.2],[-30.1],[-24.3],[-12.4],[-15.5],[-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],[-12.8],[-18.7],[-2.6],[-0.9],[-0.2],[-18.5],[-9.2],[-0.3],[-9.2],[-22.9],[-14.2],[-14.3],[-89],[-102.6],[-45.6],[-18.1],[-15.5],[-43.4],[-25.7],[-3.6],[-16.3],[-28.4],[-14.8],[12.2],[6.1],[-25.4]],[[-5.8],[-2.5],[2],[8],[-3.5],[11.3],[3.4],[-7.4],[9.3],[2.9],[0.5],[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],[34.3],[-6.6],[-14.2],[18.6],[11.6],[-10.9]],[[-8.7],[0.2],[0.3],[1.2],[-0.3],[0.9],[-1.7],[1.4],[-3.5],[-5.3],[1.8],[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],[-8.4],[1.1],[-0.5],[-4.9],[10],[-5.8]],[[-6.5],[-11.6],[-12.5],[-10.4],[-21.3],[-22],[-13.8],[-4.9],[-15.2],[-10.8],[-13.3],[-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],[-18.3],[-26],[4.6],[-1.5],[-11.5],[14.9],[-7.2]],[[-5.2],[3.8],[-4.2],[-7.3],[-9],[-2.1],[-0.3],[-5],[-15.5],[6.3],[-2.1],[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],[-30.6],[-21.7],[-0.5],[1.1],[-26.7],[-5.8],[0.3],[-16.1],[-18.8],[-7.4],[-2.2],[-4.6],[-12.7]],[[1.5],[-6.1],[-2.8],[-11.3],[8.3],[-2.9],[-0.7],[-14.2],[0.5],[-5.5],[-2.4],[-21.2],[11.4],[0.7],[-2.8],[5.1],[-0.3],[-1.8],[-3.8],[2.2],[12.6],[-5.2],[0.8],[-2.3],[1.9],[-17.3],[12.3],[-15.2],[9.8],[7.4],[5.8],[-6.3],[-10.7],[12.4],[-4.7],[-3],[0.3],[2.8],[9.3],[-13.1],[2.7],[14.9],[5.3],[-16.7],[-2.5],[-15.1],[7.7],[0],[-8.6],[8.7],[12],[-25.8],[11.2]]]

[]

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(a) "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 returned to a net borrowing position of $0.4b this quarter, following a net lending position of $7.5b in the previous quarter.
This was driven by a:

$4.7b increase in change in inventories
$4.0b decrease in national net savings
$2.8b increase in gross fixed capital formation

National net lending (+) / borrowing (-), relative to GDP, seasonally adjusted
	Net lending / net borrowing relative to GDP (%)
Sep-66	-1.9
Dec-66	-1.9
Mar-67	-2.6
Jun-67	-1.9
Sep-67	-2.9
Dec-67	-2.9
Mar-68	-5.2
Jun-68	-3.2
Sep-68	-3.7
Dec-68	-2.4
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	-0.8
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	0.4
Dec-73	0.4
Mar-74	-1.9
Jun-74	-3.5
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	-1.8
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	-0.7
Mar-80	-1.0
Jun-80	-1.8
Sep-80	-3.9
Dec-80	-3.3
Mar-81	-2.9
Jun-81	-4.2
Sep-81	-4.1
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	-3.7
Dec-83	-2.9
Mar-84	-4.0
Jun-84	-3.5
Sep-84	-4.5
Dec-84	-5.2
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	-4.3
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	-3.9
Dec-88	-4.9
Mar-89	-5.6
Jun-89	-6.0
Sep-89	-6.5
Dec-89	-6.3
Mar-90	-6.2
Jun-90	-4.4
Sep-90	-4.2
Dec-90	-4.9
Mar-91	-3.9
Jun-91	-3.3
Sep-91	-3.1
Dec-91	-3.0
Mar-92	-3.0
Jun-92	-3.3
Sep-92	-3.8
Dec-92	-3.2
Mar-93	-3.0
Jun-93	-3.2
Sep-93	-3.3
Dec-93	-2.9
Mar-94	-2.9
Jun-94	-4.4
Sep-94	-5.5
Dec-94	-5.4
Mar-95	-5.8
Jun-95	-5.1
Sep-95	-4.5
Dec-95	-4.9
Mar-96	-4.0
Jun-96	-2.8
Sep-96	-3.9
Dec-96	-3.4
Mar-97	-3.0
Jun-97	-2.0
Sep-97	-3.1
Dec-97	-3.7
Mar-98	-5.1
Jun-98	-4.2
Sep-98	-5.6
Dec-98	-4.9
Mar-99	-5.7
Jun-99	-6.0
Sep-99	-5.7
Dec-99	-4.8
Mar-00	-4.9
Jun-00	-5.0
Sep-00	-3.4
Dec-00	-3.4
Mar-01	-2.5
Jun-01	-2.2
Sep-01	-1.7
Dec-01	-2.8
Mar-02	-2.7
Jun-02	-3.6
Sep-02	-3.9
Dec-02	-5.0
Mar-03	-5.0
Jun-03	-5.6
Sep-03	-5.3
Dec-03	-5.4
Mar-04	-5.7
Jun-04	-5.5
Sep-04	-6.6
Dec-04	-7.3
Mar-05	-6.6
Jun-05	-5.7
Sep-05	-6.0
Dec-05	-5.8
Mar-06	-5.5
Jun-06	-6.3
Sep-06	-5.8
Dec-06	-6.0
Mar-07	-6.1
Jun-07	-6.7
Sep-07	-6.9
Dec-07	-7.3
Mar-08	-6.8
Jun-08	-5.9
Sep-08	-4.0
Dec-08	-3.0
Mar-09	-1.5
Jun-09	-5.0
Sep-09	-5.2
Dec-09	-6.5
Mar-10	-5.5
Jun-10	-2.9
Sep-10	-3.0
Dec-10	-3.4
Mar-11	-3.4
Jun-11	-3.1
Sep-11	-2.6
Dec-11	-3.0
Mar-12	-4.6
Jun-12	-3.7
Sep-12	-4.4
Dec-12	-4.7
Mar-13	-3.5
Jun-13	-3.6
Sep-13	-3.7
Dec-13	-2.8
Mar-14	-2.6
Jun-14	-3.2
Sep-14	-3.4
Dec-14	-3.1
Mar-15	-3.3
Jun-15	-5.1
Sep-15	-4.9
Dec-15	-5.3
Mar-16	-4.3
Jun-16	-4.3
Sep-16	-3.4
Dec-16	-1.5
Mar-17	-2.0
Jun-17	-2.4
Sep-17	-2.7
Dec-17	-3.4
Mar-18	-2.6
Jun-18	-2.8
Sep-18	-2.2
Dec-18	-1.4
Mar-19	-1.0
Jun-19	0.6
Sep-19	1.3
Dec-19	0.3
Mar-20	1.0
Jun-20	3.0
Sep-20	2.0
Dec-20	2.6
Mar-21	3.6
Jun-21	3.4
Sep-21	3.8
Dec-21	0.9
Mar-22	0.5
Jun-22	1.9
Sep-22	-0.1
Dec-22	1.7
Mar-23	1.7
Jun-23	1.2
Sep-23	-0.1

National net lending (+) / borrowing (-), relative to GDP, seasonally adjusted

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

[["Sep-66","Dec-66","Mar-67","Jun-67","Sep-67","Dec-67","Mar-68","Jun-68","Sep-68","Dec-68","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"],[[-1.9],[-1.9],[-2.6],[-1.9],[-2.9],[-2.9],[-5.2],[-3.2],[-3.7],[-2.4],[-2.4],[-2.3],[-1.4],[-1.7],[-1.4],[-1.9],[-1.5],[-1.7],[-2.1],[-1.1],[-0.8],[-1.4],[-0.2],[1.1],[1.6],[2.2],[2],[1.6],[0.4],[0.4],[-1.9],[-3.5],[-3.1],[-2.5],[-0.4],[0.1],[-1.1],[-1.9],[-1.8],[-1.1],[-1.2],[-1.8],[-3],[-2.9],[-3.1],[-1.2],[-2.9],[-3.1],[-3.7],[-3.6],[-2],[-2],[-1.8],[-0.7],[-1],[-1.8],[-3.9],[-3.3],[-2.9],[-4.2],[-4.1],[-5.4],[-5.5],[-4.8],[-3.5],[-3.4],[-3.6],[-3],[-3.7],[-2.9],[-4],[-3.5],[-4.5],[-5.2],[-4.1],[-4.5],[-5.6],[-5.7],[-6],[-5.6],[-4.8],[-4.3],[-4.1],[-3.2],[-3.3],[-3.3],[-3],[-2.9],[-3.9],[-4.9],[-5.6],[-6],[-6.5],[-6.3],[-6.2],[-4.4],[-4.2],[-4.9],[-3.9],[-3.3],[-3.1],[-3],[-3],[-3.3],[-3.8],[-3.2],[-3],[-3.2],[-3.3],[-2.9],[-2.9],[-4.4],[-5.5],[-5.4],[-5.8],[-5.1],[-4.5],[-4.9],[-4],[-2.8],[-3.9],[-3.4],[-3],[-2],[-3.1],[-3.7],[-5.1],[-4.2],[-5.6],[-4.9],[-5.7],[-6],[-5.7],[-4.8],[-4.9],[-5],[-3.4],[-3.4],[-2.5],[-2.2],[-1.7],[-2.8],[-2.7],[-3.6],[-3.9],[-5],[-5],[-5.6],[-5.3],[-5.4],[-5.7],[-5.5],[-6.6],[-7.3],[-6.6],[-5.7],[-6],[-5.8],[-5.5],[-6.3],[-5.8],[-6],[-6.1],[-6.7],[-6.9],[-7.3],[-6.8],[-5.9],[-4],[-3],[-1.5],[-5],[-5.2],[-6.5],[-5.5],[-2.9],[-3],[-3.4],[-3.4],[-3.1],[-2.6],[-3],[-4.6],[-3.7],[-4.4],[-4.7],[-3.5],[-3.6],[-3.7],[-2.8],[-2.6],[-3.2],[-3.4],[-3.1],[-3.3],[-5.1],[-4.9],[-5.3],[-4.3],[-4.3],[-3.4],[-1.5],[-2],[-2.4],[-2.7],[-3.4],[-2.6],[-2.8],[-2.2],[-1.4],[-1],[0.6],[1.3],[0.3],[1],[3],[2],[2.6],[3.6],[3.4],[3.8],[0.9],[0.5],[1.9],[-0.1],[1.7],[1.7],[1.2],[-0.1]]]

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National lending as a proportion of GDP declined to a borrowing position this quarter driven by a fall in net savings and a rise in change in inventories.

Financial corporations' net lending decreased by $0.2b to $11.9b.
Non-financial corporations' net borrowing increased by $12.8b to $13.1b.
General government net borrowing decreased by $8.1b to $3.0b.
Households' net lending decreased by $4.5b to a net borrowing position of $1.4b.

Notable drivers were:

Financial corporations' net lending was driven by a decrease in net savings and an increase in gross fixed capital formation.
Non-financial corporations' net borrowing was driven by a decrease in net savings and an increase in change in inventories.
General government net borrowing was driven by an increase in net savings.
Households' net borrowing was driven by a decrease in net savings.

Net lending (+) / borrowing (-), by sector, seasonally adjusted
	Non-financial corporations ($b)	Financial corporations ($b)	General government ($b)	Households ($b)
Sep-10	-10.0	10.1	-15.8	5.7
Dec-10	-11.4	8.7	-15.5	9.8
Mar-11	-16.8	8.0	-17.2	11.3
Jun-11	-19.3	12.8	-16.7	10.4
Sep-11	-14.9	11.1	-16.3	12.3
Dec-11	-17.4	10.6	-19.5	15.6
Mar-12	-24.5	11.9	-14.2	11.0
Jun-12	-21.3	10.4	-19.1	13.3
Sep-12	-23.7	11.8	-13.3	6.7
Dec-12	-28.9	11.2	-11.8	9.8
Mar-13	-21.8	9.3	-14.0	12.1
Jun-13	-26.1	9.7	-4.5	10.8
Sep-13	-21.4	8.6	-11.8	9.8
Dec-13	-22.3	8.5	-11.3	11.6
Mar-14	-20.5	8.7	-12.2	11.8
Jun-14	-22.9	7.8	-9.1	13.6
Sep-14	-23.6	8.0	-10.2	10.8
Dec-14	-20.4	5.8	-10.4	10.4
Mar-15	-22.5	7.1	-8.3	9.2
Jun-15	-22.5	5.0	-7.2	10.9
Sep-15	-25.3	7.0	-6.9	7.5
Dec-15	-25.0	8.7	-7.0	3.8
Mar-16	-21.6	7.4	-11.1	3.6
Jun-16	-20.5	8.6	-11.9	4.3
Sep-16	-17.8	8.1	-10.6	3.8
Dec-16	-10.6	7.0	-5.7	2.3
Mar-17	-9.1	4.7	-3.0	2.6
Jun-17	-11.1	7.5	-8.6	0.8
Sep-17	-15.6	7.6	-5.1	0.7
Dec-17	-15.7	5.3	-6.6	3.7
Mar-18	-14.3	7.5	-6.2	2.9
Jun-18	-21.8	6.6	-5.3	1.2
Sep-18	-16.7	5.4	-4.6	2.9
Dec-18	-15.2	5.9	-7.5	7.1
Mar-19	-9.0	6.5	-7.9	10.9
Jun-19	-8.3	6.6	-6.5	9.0
Sep-19	-7.6	4.8	-11.3	17.0
Dec-19	-8.7	4.2	-12.1	14.7
Mar-20	-1.9	2.8	-14.7	24.0
Jun-20	25.8	13.6	-96.9	72.4
Sep-20	26.0	4.2	-85.8	61.9
Dec-20	17.5	3.7	-44.2	37.2
Mar-21	9.5	2.5	-25.9	36.7
Jun-21	4.4	4.4	-14.2	26.3
Sep-21	-7.1	4.2	-35.2	54.7
Dec-21	-1.7	0.9	-23.5	29.1
Mar-22	5.5	-5.5	-15.4	25.8
Jun-22	9.5	4.8	-14.1	15.0
Sep-22	-10.3	7.2	-13.8	14.9
Dec-22	-13.8	12.4	-3.3	3.5
Mar-23	9.2	5.5	-3.6	4.8
Jun-23	-0.3	12.1	-11.1	3.0
Sep-23	-13.1	11.9	-3.0	-1.4

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

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

[["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"],[[-10],[-11.4],[-16.8],[-19.3],[-14.9],[-17.4],[-24.5],[-21.3],[-23.7],[-28.9],[-21.8],[-26.1],[-21.4],[-22.3],[-20.5],[-22.9],[-23.6],[-20.4],[-22.5],[-22.5],[-25.3],[-25],[-21.6],[-20.5],[-17.8],[-10.6],[-9.1],[-11.1],[-15.6],[-15.7],[-14.3],[-21.8],[-16.7],[-15.2],[-9],[-8.3],[-7.6],[-8.7],[-1.9],[25.8],[26],[17.5],[9.5],[4.4],[-7.1],[-1.7],[5.5],[9.5],[-10.3],[-13.8],[9.2],[-0.3],[-13.1]],[[10.1],[8.7],[8],[12.8],[11.1],[10.6],[11.9],[10.4],[11.8],[11.2],[9.3],[9.7],[8.6],[8.5],[8.7],[7.8],[8],[5.8],[7.1],[5],[7],[8.7],[7.4],[8.6],[8.1],[7],[4.7],[7.5],[7.6],[5.3],[7.5],[6.6],[5.4],[5.9],[6.5],[6.6],[4.8],[4.2],[2.8],[13.6],[4.2],[3.7],[2.5],[4.4],[4.2],[0.9],[-5.5],[4.8],[7.2],[12.4],[5.5],[12.1],[11.9]],[[-15.8],[-15.5],[-17.2],[-16.7],[-16.3],[-19.5],[-14.2],[-19.1],[-13.3],[-11.8],[-14],[-4.5],[-11.8],[-11.3],[-12.2],[-9.1],[-10.2],[-10.4],[-8.3],[-7.2],[-6.9],[-7],[-11.1],[-11.9],[-10.6],[-5.7],[-3],[-8.6],[-5.1],[-6.6],[-6.2],[-5.3],[-4.6],[-7.5],[-7.9],[-6.5],[-11.3],[-12.1],[-14.7],[-96.9],[-85.8],[-44.2],[-25.9],[-14.2],[-35.2],[-23.5],[-15.4],[-14.1],[-13.8],[-3.3],[-3.6],[-11.1],[-3]],[[5.7],[9.8],[11.3],[10.4],[12.3],[15.6],[11],[13.3],[6.7],[9.8],[12.1],[10.8],[9.8],[11.6],[11.8],[13.6],[10.8],[10.4],[9.2],[10.9],[7.5],[3.8],[3.6],[4.3],[3.8],[2.3],[2.6],[0.8],[0.7],[3.7],[2.9],[1.2],[2.9],[7.1],[10.9],[9],[17],[14.7],[24],[72.4],[61.9],[37.2],[36.7],[26.3],[54.7],[29.1],[25.8],[15],[14.9],[3.5],[4.8],[3],[-1.4]]]

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Capital Investment

National capital investment increased to 24.4% as a proportion of GDP, while increasing 1.8% in current price seasonally adjusted terms.

Relative to GDP:

Household capital investment decreased to 7.9%
Non-financial corporations' capital investment remained at 11.8%
Financial corporations' capital investment remained at 0.5%
General government capital investment decreased to 4.1%

In current price seasonally adjusted terms:

Non-financial corporations' capital investment increased, driven by an increase in public non-financial corporations
General government capital investment decreased, driven by decreases in national and state and local general government

Gross fixed capital formation, by sector, seasonally adjusted
	Non-financial corporations ($b)	Financial corporations ($b)	General government ($b)	Households ($b)
Sep-10	45.5	2.1	14.0	28.8
Dec-10	46.7	2.1	14.0	28.3
Mar-11	49.1	2.2	13.6	29.0
Jun-11	50.3	2.2	12.2	29.0
Sep-11	56.4	2.2	12.8	28.3
Dec-11	55.6	2.2	15.3	27.5
Mar-12	61.0	2.3	12.3	27.4
Jun-12	64.0	2.3	13.7	27.3
Sep-12	63.8	2.5	13.1	28.0
Dec-12	65.9	2.5	12.7	28.3
Mar-13	62.1	2.5	13.2	28.0
Jun-13	62.5	2.5	11.6	29.0
Sep-13	63.4	2.4	12.3	29.6
Dec-13	63.0	2.3	12.7	30.2
Mar-14	60.7	2.4	13.1	31.1
Jun-14	59.6	2.4	13.0	31.6
Sep-14	56.8	2.7	13.0	33.4
Dec-14	56.2	2.8	12.5	35.2
Mar-15	55.0	2.7	12.3	36.3
Jun-15	54.5	2.6	13.1	36.2
Sep-15	52.6	2.9	12.1	37.9
Dec-15	51.8	2.9	12.3	38.1
Mar-16	49.3	2.8	14.3	38.5
Jun-16	47.3	2.8	14.9	39.5
Sep-16	45.4	2.8	13.8	40.0
Dec-16	47.3	2.8	14.4	40.9
Mar-17	46.6	2.8	15.7	41.1
Jun-17	45.6	2.8	18.3	41.4
Sep-17	51.1	2.5	16.7	40.6
Dec-17	50.0	3.0	17.4	40.8
Mar-18	50.7	3.0	17.3	42.0
Jun-18	50.6	3.0	18.1	42.8
Sep-18	51.8	3.0	18.5	41.4
Dec-18	51.4	3.0	18.8	40.3
Mar-19	51.9	2.9	19.0	39.1
Jun-19	52.3	3.0	19.4	38.2
Sep-19	53.4	2.8	19.5	38.1
Dec-19	52.8	2.8	20.3	38.0
Mar-20	52.6	2.7	19.8	38.3
Jun-20	51.0	2.6	19.4	35.7
Sep-20	50.7	2.6	19.0	36.5
Dec-20	51.9	2.7	20.0	39.2
Mar-21	54.4	2.8	20.1	42.4
Jun-21	56.6	2.9	22.0	45.1
Sep-21	58.2	3.0	21.7	45.5
Dec-21	59.8	3.0	21.7	46.9
Mar-22	61.6	3.0	22.7	48.6
Jun-22	64.9	3.2	24.2	48.8
Sep-22	67.4	2.9	23.9	49.0
Dec-22	69.2	3.0	23.8	49.2
Mar-23	72.3	3.0	25.0	49.7
Jun-23	76.6	3.2	27.4	51.8
Sep-23	77.0	3.3	27.0	51.8

Gross fixed capital formation, by sector, seasonally adjusted

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

[["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"],[[45.5],[46.7],[49.1],[50.3],[56.4],[55.6],[61],[64],[63.8],[65.9],[62.1],[62.5],[63.4],[63],[60.7],[59.6],[56.8],[56.2],[55],[54.5],[52.6],[51.8],[49.3],[47.3],[45.4],[47.3],[46.6],[45.6],[51.1],[50],[50.7],[50.6],[51.8],[51.4],[51.9],[52.3],[53.4],[52.8],[52.6],[51],[50.7],[51.9],[54.4],[56.6],[58.2],[59.8],[61.6],[64.9],[67.4],[69.2],[72.3],[76.6],[77]],[[2.1],[2.1],[2.2],[2.2],[2.2],[2.2],[2.3],[2.3],[2.5],[2.5],[2.5],[2.5],[2.4],[2.3],[2.4],[2.4],[2.7],[2.8],[2.7],[2.6],[2.9],[2.9],[2.8],[2.8],[2.8],[2.8],[2.8],[2.8],[2.5],[3],[3],[3],[3],[3],[2.9],[3],[2.8],[2.8],[2.7],[2.6],[2.6],[2.7],[2.8],[2.9],[3],[3],[3],[3.2],[2.9],[3],[3],[3.2],[3.3]],[[14],[14],[13.6],[12.2],[12.8],[15.3],[12.3],[13.7],[13.1],[12.7],[13.2],[11.6],[12.3],[12.7],[13.1],[13],[13],[12.5],[12.3],[13.1],[12.1],[12.3],[14.3],[14.9],[13.8],[14.4],[15.7],[18.3],[16.7],[17.4],[17.3],[18.1],[18.5],[18.8],[19],[19.4],[19.5],[20.3],[19.8],[19.4],[19],[20],[20.1],[22],[21.7],[21.7],[22.7],[24.2],[23.9],[23.8],[25],[27.4],[27]],[[28.8],[28.3],[29],[29],[28.3],[27.5],[27.4],[27.3],[28],[28.3],[28],[29],[29.6],[30.2],[31.1],[31.6],[33.4],[35.2],[36.3],[36.2],[37.9],[38.1],[38.5],[39.5],[40],[40.9],[41.1],[41.4],[40.6],[40.8],[42],[42.8],[41.4],[40.3],[39.1],[38.2],[38.1],[38],[38.3],[35.7],[36.5],[39.2],[42.4],[45.1],[45.5],[46.9],[48.6],[48.8],[49],[49.2],[49.7],[51.8],[51.8]]]

[]

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Data files

TABLE 1. Credit Market Outstandings ($ million)
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TABLE 2. Demand for Credit ($ million)
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TABLE 3. National Capital Account, Current prices ($ million)
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TABLE 4. National Financial Assets and Liabilities ($ million)
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TABLE 5. Non-Financial Corporations Capital Account, Current prices ($ million)
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TABLE 6. Financial Assets and Liabilities of Non-Financial Corporations ($ million)
Download xlsx [372.46 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)
Download xlsx [72.9 KB]
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 [291.14 KB]
TABLE 21. Financial Assets and Liabilities of Non-Life Insurance Corporations ($ million)
Download xlsx [288.05 KB]
TABLE 22. Financial Assets and Liabilities of Money Market Financial Investment Funds ($ million)
Download xlsx [140.93 KB]
TABLE 23. Financial Assets and Liabilities of Non-Money Market Financial Investment Funds ($ million)
Download xlsx [267.6 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)
Download xlsx [199.21 KB]
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 [76.21 KB]
TABLE 32. Financial Assets and Liabilities of State and Local General Government ($ million)
Download xlsx [188.28 KB]
TABLE 33. Household Capital Account, Current prices ($ million)
Download xlsx [76.21 KB]
TABLE 34. Financial Assets and Liabilities of Households ($ million)
Download xlsx [249.73 KB]
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)
Download xlsx [446.17 KB]
TABLE 39. The Currency Market ($ million)
Download xlsx [79.59 KB]
TABLE 40. The Transferable Deposits Market ($ million)
Download xlsx [113.59 KB]
TABLE 41. The Other Deposits Market ($ million)
Download xlsx [123.81 KB]
TABLE 42. The Bills of Exchange Market ($ million)
Download xlsx [104.53 KB]
TABLE 43. The One Name Paper Market ($ million)
Download xlsx [353.96 KB]
TABLE 44. The Bonds Market ($ million)
Download xlsx [452.54 KB]
TABLE 45. The Derivatives and Employee Stock Options Market ($ million)
Download xlsx [185.97 KB]
TABLE 46. The Short Term Loans and Placements Market ($ million)
Download xlsx [153.15 KB]
TABLE 47. The Long Term Loans and Placements Market ($ million)
Download xlsx [347.37 KB]
TABLE 48. The Listed Shares and Other Equity Market ($ million)
Download xlsx [250.85 KB]
TABLE 49. The Unlisted Shares and Other Equity Market ($ million)
Download xlsx [314.39 KB]
TABLE 50. Accounts Payable/Receivable ($ million)
Download xlsx [383.54 KB]
TABLE 51. Financial Accounts Summary of Authorised Deposit taking Institution Deposits and Lending Split by Household Subsectors ($ million)
Download xlsx [55.86 KB]
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)
Download xlsx [152.83 KB]
TABLE 54. Nominal Value of Long Term Loans and Placements Market ($ million)
Download xlsx [348.39 KB]

Previous catalogue number

This release previously used catalogue number 5232.0

Revisions and changes

Revisions in this issue

There have been revisions to previously published aggregates due to:

Quality assurance reviews affecting the published aggregates after September quarter 2021, in addition to amendments to data collected in the ABS Survey of Financial Information, ABS Survey of International Investment and to data derived from Australian Prudential Regulation Authority (APRA) administrative data sets.
Incorporation of revisions from the Australian System of National Accounts throughout the time series

Note

The adoption of the AASB 17 accounting standard for insurance contracts by the insurance industry has resulted in changes to reported data. Consequently, some of the estimates for life and non-life insurance corporations in the September quarter 2023 have been modelled. While these series continue to be published, users are advised to apply caution. In line with the ABS implementation strategy, the impacts of the new accounting standard to reported data will be quarantined until further analysis is completed.

Post release changes

21 December 2023 - net borrowing/lending figures in Key statistics was corrected. This error was exclusive to the commentary, no data in content has been affected

Methodology

Australian National Accounts: Finance and Wealth methodology, September 2023

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APA

Australian National Accounts: Finance and Wealth

APA

Key statistics

Main features

Financing resources and investment table

Financial market summary table

Flow of funds diagrams

Net transactions during September quarter 2023

Amounts outstanding at end of September quarter 2023

National investment

Financial investment

Households

General government

Demand for credit

Demand for credit table

Other private non-financial corporations

Households

General government

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)