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 2025

Released

25/09/2025

Release date and time

25/09/2025 11:30am AEST

Key statistics

Household wealth increased $470.1b (2.7%) to $17,764.7b.
Demand for credit was $86.5b.
Australia's net borrowing position increased by $3.2b to $17.5b this quarter.
Capital investment as a proportion of GDP decreased to 24.2%.

Main features

Financing resources and investment tables

Financing resources June quarter 2025, original, current prices, $b
	Non-financial corps	Financial corps	Government	Households	Total national	Rest of world
Net saving (a)	16.9	9.9	-5.0	2.1	24.0	10.6
plus Consumption of fixed capital	64.2	4.2	16.4	47.4	132.2	-
Gross saving	81.1	14.1	11.5	49.5	156.2	10.6
plus Net capital transfers	0.2	0.0	-2.1	1.6	-0.2	0.2
less Statistical discrepancy (b)	-	-	-	-	-13.6	-
Total financing resources	81.4	14.1	9.4	51.1	169.5	10.8

Uses of financing (investment) June quarter 2025, original, current prices, $b
	Non-financial corps	Financial corps	Government	Households	Total national	Rest of world
Capital formation
	Gross fixed capital formation	89.2	4.3	32.0	58.3	183.7	-
	plus Changes in inventories	-1.3	0.0	0.1	-2.3	-3.4	-
	plus Net acquisition of non-produced non-financial assets	-1.3	-	0.9	-	-	-
	Total capital formation	86.6	4.3	33.0	56.0	179.9	-
plus Financial investment
	Aquistition of financial assets	71.9	-119.7	-20.2	75.7	-188.0	-170.5
	less Incurrence of financial liabilities	48.8	-88.0	6.2	58.1	-170.5	-188.0
	Net Financial investment (Net lending (+) / net borrowing (-))	23.0	-31.6	-26.5	17.6	-17.5	17.5
less Net errors and omissions	28.2	-41.4	-2.9	22.5	-7.1	7.1
Total investment	81.4	14.1	9.4	51.1	169.5	10.4

Financial market summary table

Financial market summary, $b
	Amounts outstanding, Mar-25	Transactions, Jun-25	Other changes, Jun-25	Amounts outstanding, Jun-25
Currency and deposits
	Currency	107.3	0.9	-	108.2
	Transferable deposits	2,343.4	84.5	-9.0	2,418.9
	Other deposits	1,743.7	-15.9	-6.1	1,721.7
Short term debt securities
	Bills of exchange	4.7	0.1	-	4.7
	One name paper	599.0	-1.9	-3.1	594.0
Long term debt securities
	Bonds, etc.	3,712.7	10.7	22.6	3,746.1
Derivatives
	Derivatives	642.6	-500.8	543.3	685.0
Loans and placements
	Short term	484.0	-9.5	-1.8	472.7
	Long term	5,245.8	87.9	-6.2	5,327.5
Shares and other equity
	Listed	2,836.6	4.9	259.5	3,101.0
	Unlisted	6,959.6	30.0	116.4	7,106.0
Insurance technical reserves
	Reserves of pension funds and life	3,822.0	37.1	169.8	4,028.9
	General insurance payments	176.9	5.1	0.0	182.0

Flow of funds diagrams

National investment

National investment increased by $21.4b to $179.9 b in the June quarter.

General government investment increased by $7.4b to $33.0b, 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 $9.7b to $86.6b, driven by an increase in gross fixed capital formation for both private and public non-financial corporations.
Households' investment increased by $3.8b to $56.0b, driven by an increase in gross fixed capital formation and partly offset by a change in inventories.

Financial investment

Australia was a net borrower of $17.5b from rest of world (ROW). The main contributors were a:

$28.0b acquisition by ROW of equity issued by Australia
$20.5b placement of deposits by ROW
Partly offset by $19.6b disposal by ROW of one name paper issued by Australia

Placements of deposits borrowed by ROW largely reflected intra-group funding arrangements between Australian subsidiaries and offshore related parties.

Households

Households' $17.6b net lending position was due to a $75.7b acquisition of financial assets, partly offset by a $58.1b incurrence of liabilities. The acquisition of assets was driven by:

$42.4b net equity in superannuation
$5.8b in deposits

While liabilities were driven by:

$55.4b in loan borrowings

Increased contributions into pension funds reflected additional contributions made by households prior to the end of the financial year. Increased loan borrowings reflected a seasonal rise in lending for housing.

General government

General government’s $26.5b net borrowing position was due to a $20.2b disposal of financial assets and a $6.2b incurrence of liabilities. The disposal of assets was driven by a:

$22.4b draw down of deposits
Partly offset by a $5.3b acquisition of one name paper

Liabilities were driven by:

$20.3b in other accounts payable
Partly offset by $15.3b net maturity of bonds

The national general government remained in a net borrowing position for a fourth consecutive quarter. The draw down of deposits this quarter reflected net maturities of bonds issued by the national general government. State and territory governments continued to borrow funds from their respective central borrowing authorities to finance investment in 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)
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	7.7	16.5	20.8	-110.8	81.3
Dec-20	15.2	7.4	11.2	-44.9	41.5
Mar-21	15.4	-7.9	34.8	-14.6	3.2
Jun-21	23.3	18.8	8.0	-9.8	6.3
Sep-21	11.7	-30.7	29.5	-45.2	58.2
Dec-21	6.9	-7.0	15.9	-30.5	28.6
Mar-22	1.9	-39.7	37.8	-5.8	9.6
Jun-22	15.0	-3.3	29.0	-11.0	0.4
Sep-22	-10.8	-61.9	31.6	-30.9	50.4
Dec-22	9.9	4.2	-5.6	-8.8	20.1
Mar-23	2.0	-20.5	-11.4	14.0	19.9
Jun-23	5.4	11.6	-9.8	7.1	-3.5
Sep-23	-15.4	-81.7	27.4	-26.1	64.9
Dec-23	4.3	-17.5	15.1	-23.7	30.4
Mar-24	-13.4	-15.1	-9.1	-5.0	15.8
Jun-24	-19.6	-15.4	13.9	-14.2	-4.0
Sep-24	-17.5	-23.9	-23.8	-39.9	70.0
Dec-24	-20.1	-30.8	3.6	-40.9	48.0
Mar-25	-14.3	-23.5	-10.4	-18.3	37.9
Jun-25	-17.5	23.0	-31.6	-26.5	17.6

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-25	Demand for credit, Jun-25	Other changes, Jun-25	Credit market outstandings, Jun-25
Non-financial corporations
	Investment funds	584.7	4.1	20.8	609.6
	Other private	4,785.5	35.4	83.1	4,904.0
	Public	192.9	6.3	-0.2	199.0
General government
	National	918.5	-23.5	4.5	899.5
	State and local	477.5	9.0	0.3	486.8
Households	3,094.6	55.2	2.1	3,151.9
Total	10,053.6	86.5	110.7	10,250.8

Demand for credit was $86.5b in the June quarter, of which:

households borrowed $55.2b
private non-financial businesses borrowed $35.4b
general government repaid $14.5b

Credit market outstandings increased by $197.2b, comprised of demand for credit of $86.5b and revaluation gains of $110.7b. Holding gains on the shares of other private non-financial corporations were $87.9b, in line with a rise in equity prices on the Australian Securities Exchange (ASX).

Other private non-financial corporations

Growth in business credit was driven by loans from authorised deposit-taking institutions (ADIs) this quarter and was supported by a continued decline in business lending rates. Stronger export revenue in the June quarter was reflected in earnings reinvested in the equity of foreign-owned resource companies. Business financing activity comprised:

loan borrowings of $16.1b
equity raising of $22.9b
corporate bond net maturities of $4.2b

General government

While Commonwealth government debt issuance remained steady this quarter, large maturities of existing debt securities resulted in the sector's lowest overall demand for credit since the series began in September quarter 1988. General government financing activity comprised:

$24.2b in net maturities of bonds and one name paper by national general government
$9.2b in loan borrowings by state and local general government

Households

Housing credit growth increased from the previous quarter which reflected a seasonal rise in lending for housing, driven by owner-occupiers and investors. Households borrowed:

$55.1b in long term loans
$0.3b in short term loans

Demand for credit by sector
	Private non-financial businesses ($b)	Households ($b)	General government ($b)	Other ($b)
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	2.0	6.3	144.0	6.9
Dec-20	4.5	22.5	30.2	10.4
Mar-21	18.4	28.1	20.2	5.5
Jun-21	11.9	49.6	6.8	18.5
Sep-21	58.0	41.1	48.9	8.3
Dec-21	34.8	54.1	22.6	15.5
Mar-22	162.6	41.6	13.6	11.3
Jun-22	48.2	52.9	40.4	15.5
Sep-22	77.3	26.0	15.5	6.7
Dec-22	11.3	32.0	2.2	-0.9
Mar-23	41.7	18.8	16.8	9.1
Jun-23	-4.1	41.8	-8.1	3.3
Sep-23	56.2	13.4	20.2	9.0
Dec-23	31.0	29.7	28.1	7.7
Mar-24	46.9	31.7	23.9	9.7
Jun-24	38.3	56.0	-7.0	6.2
Sep-24	42.6	25.5	44.4	4.1
Dec-24	51.3	40.1	-2.0	12.6
Mar-25	44.9	32.7	38.2	8.4
Jun-25	35.4	55.2	-14.5	10.4

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-25	Transactions, Jun-25	Other changes(a), Jun-25	Holding gains/losses, Jun-25	Amounts outstanding, Jun-25
Non-financial assets
	Land and dwellings	11,635.2	10.3	8.5	208.9	11,862.9
	Other non-financial assets	886.7	-1.7	-	8.7	893.6
Financial assets
	Superannuation reserves	4,119.5	42.4	-	159.2	4,321.1
	Shares and other equity	1,583.2	5.9	-	53.1	1,642.1
	Currency and deposits	1,858.1	6.2	-	-0.2	1,864.2
	Other financial assets	486.8	21.2	-	7.9	515.8
Liabilities
	Loans	3,091.1	55.4	-	2.1	3,148.6
	Other liabilities	183.7	2.7	-	-	186.4
Wealth (Net worth)	17,294.6	26.2	8.5	435.4	17,764.7
Memorandum item
	Consumer durables (b)	569.9	3.8	-	-	576.3

Financial assets

Household selected financial assets, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total assets	91.9	7,995.5	71.9	8,047.5	75.7	8,343.2
Deposits	51.9	1,778.9	27.3	1,808.0	5.8	1,813.6
Shares and equity	2.6	1,566.0	-5.0	1,583.2	5.9	1,642.1
Net equity in reserves	20.5	3,846.0	28.4	3,830.9	37.1	4,038.5
	Pension funds	26.7	3,708.5	23.9	3,690.9	39.5	3,893.0
Other assets	16.9	804.7	21.2	825.4	27.0	848.9

Liabilities

Household selected liabilities, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total liabilities	43.9	3,231.3	34.0	3,274.9	58.1	3,335.2
Short term loans	0.5	58.9	-0.7	58.3	0.3	58.6
Long term loans	39.7	2,989.7	33.6	3,032.8	55.1	3,090.0
Other liabilities	3.7	182.7	1.1	183.9	2.7	186.7

Household wealth grew by 2.7% ($470.1b) to $17,764.7b by the end of the June quarter. The increase in net worth was driven by strong increases in the value of land and dwellings, and financial assets.

Non-financial assets

Non-financial assets owned by households increased by 1.9% ($234.7b). The value of residential land and dwellings increased $205.2b or 1.9% with both property prices and number of dwellings increasing during the quarter.

Financial assets

Financial assets of households increased by 3.7% ($295.6b), with a:

$201.6b rise in superannuation reserves
$59.0b rise in Shares and other equity

The rise in the value of superannuation reserves and shares and other equity was due to strong performance in both domestic and overseas share markets. Additionally, superannuation reserves recorded a strong increase in household contributions, driven by a seasonal increase in voluntary contributions observed at the end of the financial year.

Total deposits increased by 0.3% ($5.6b). Transferable deposit account balances rose $6.7b. This was partially offset by non transaction deposit accounts (which include term deposit and other savings accounts), which fell $1.1b.

Liabilities

Household liabilities increased by 1.8% ($60.3b), with a:

$39.9b rise in housing loans
$0.3b rise in short-term loans.

The growth in housing loans was driven by demand from both owner occupiers and investors.

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-12	146.1	28.3	123.0	9.1	-4.3	13.6	-23.9
Sep-12	60.7	-15.0	51.0	22.5	15.8	-4.0	-10.5
Dec-12	179.1	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	-1.6	78.6	-52.5	6.4	-3.0	1.3	-36.2
Sep-13	212.2	83.3	88.4	26.3	21.0	-0.5	-11.4
Dec-13	235.0	173.2	53.3	20.4	8.7	7.9	-37.8
Mar-14	138.4	76.5	46.1	9.7	19.4	-1.4	-19.7
Jun-14	116.8	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	201.9	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	150.4	46.6	76.4	19.6	30.4	-2.7	-25.8
Mar-16	-14.0	9.6	-18.7	12.8	3.6	1.9	-26.2
Jun-16	281.9	137.3	149.0	10.6	16.2	8.1	-41.9
Sep-16	230.6	125.7	79.3	25.3	23.7	3.1	-30.1
Dec-16	335.8	258.0	48.6	24.9	22.8	0.4	-26.4
Mar-17	231.5	160.4	63.2	9.8	20.8	1.6	-29.9
Jun-17	154.5	170.0	16.7	1.4	4.2	-0.5	-41.2
Sep-17	27.6	14.2	-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	-14.4	17.1	-16.6	10.0	2.2	0.3	-30.8
Jun-18	87.4	-26.3	107.9	1.5	21.9	11.8	-31.2
Sep-18	33.7	-51.0	47.7	28.2	18.8	5.1	-16.0
Dec-18	-206.2	-60.9	-111.3	9.5	-7.5	-9.0	-31.0
Mar-19	57.0	-119.6	142.6	5.4	33.6	14.4	-20.2
Jun-19	318.0	68.5	220.6	4.3	27.8	13.1	-15.3
Sep-19	335.1	225.8	63.2	25.9	16.9	11.3	-6.2
Dec-19	288.0	218.7	62.1	12.9	13.0	2.3	-23.8
Mar-20	-250.6	106.0	-275.5	18.2	-63.2	-16.6	-21.6
Jun-20	232.1	-23.5	166.6	35.1	32.3	25.5	-6.3
Sep-20	346.2	222.4	38.9	65.2	7.5	7.8	-1.7
Dec-20	633.7	376.7	163.8	27.5	54.0	18.6	-21.0
Mar-21	549.1	457.0	67.0	13.7	28.2	-2.5	-27.6
Jun-21	567.6	428.5	118.3	5.9	35.0	19.2	-53.5
Sep-21	730.8	598.4	62.0	75.0	25.7	7.6	-52.3
Dec-21	726.8	585.8	99.5	47.2	20.8	9.3	-56.1
Mar-22	168.2	196.3	-51.3	33.2	22.2	-7.4	-41.0
Jun-22	-401.6	-36.4	-295.0	5.6	-22.0	-16.7	-49.5
Sep-22	-209.7	-255.1	-4.2	52.4	14.3	4.9	-30.3
Dec-22	239.1	73.4	122.9	33.1	35.4	5.6	-44.3
Mar-23	196.6	60.8	114.5	26.3	21.1	1.3	-34.9
Jun-23	346.2	312.2	57.8	-7.3	17.1	6.9	-45.3
Sep-23	248.5	167.2	8.4	52.1	35.3	7.4	-27.0
Dec-23	531.3	313.8	143.7	30.1	52.5	13.7	-34.2
Mar-24	382.5	176.7	142.3	32.0	57.5	10.6	-47.1
Jun-24	251.5	261.9	4.2	-9.4	26.4	16.7	-57.1
Sep-24	313.6	60.8	146.0	61.0	49.6	22.9	-35.0
Dec-24	389.5	266.5	64.4	57.5	30.4	8.8	-51.3
Mar-25	64.7	45.5	-15.2	28.9	17.2	21.2	-43.6
Jun-25	470.1	227.7	201.6	6.0	59.0	29.1	-60.2

Household wealth, contribution to growth, quarterly

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

[["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"],[[146.1],[60.7],[179.1],[145.1],[-1.6],[212.2],[235],[138.4],[116.8],[164],[261.6],[263.3],[201.9],[122.5],[150.4],[-14],[281.9],[230.6],[335.8],[231.5],[154.5],[27.6],[286],[-14.4],[87.4],[33.7],[-206.2],[57],[318],[335.1],[288],[-250.6],[232.1],[346.2],[633.7],[549.1],[567.6],[730.8],[726.8],[168.2],[-401.6],[-209.7],[239.1],[196.6],[346.2],[248.5],[531.3],[382.5],[251.5],[313.6],[389.5],[64.7],[470.1]],[[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],[14.2],[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],[598.4],[585.8],[196.3],[-36.4],[-255.1],[73.4],[60.8],[312.2],[167.2],[313.8],[176.7],[261.9],[60.8],[266.5],[45.5],[227.7]],[[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],[38.9],[163.8],[67],[118.3],[62],[99.5],[-51.3],[-295],[-4.2],[122.9],[114.5],[57.8],[8.4],[143.7],[142.3],[4.2],[146],[64.4],[-15.2],[201.6]],[[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],[65.2],[27.5],[13.7],[5.9],[75],[47.2],[33.2],[5.6],[52.4],[33.1],[26.3],[-7.3],[52.1],[30.1],[32],[-9.4],[61],[57.5],[28.9],[6]],[[-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],[25.7],[20.8],[22.2],[-22],[14.3],[35.4],[21.1],[17.1],[35.3],[52.5],[57.5],[26.4],[49.6],[30.4],[17.2],[59]],[[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],[7.8],[18.6],[-2.5],[19.2],[7.6],[9.3],[-7.4],[-16.7],[4.9],[5.6],[1.3],[6.9],[7.4],[13.7],[10.6],[16.7],[22.9],[8.8],[21.2],[29.1]],[[-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],[-1.7],[-21],[-27.6],[-53.5],[-52.3],[-56.1],[-41],[-49.5],[-30.3],[-44.3],[-34.9],[-45.3],[-27],[-34.2],[-47.1],[-57.1],[-35],[-51.3],[-43.6],[-60.2]]]

[]

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Private non-financial corporations

Financial assets

Private non-financial corporations' selected financial assets, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total assets	35.3	2,236.2	26.4	2,244.7	70.6	2,289.7
Deposits	2.1	813.9	-2.7	810.5	59.8	864.9
Shares and equity	21.9	834.8	7.7	824.1	11.9	827.0
Other accounts receivable	6.4	332.0	23.5	356.0	0.4	347.1
Other assets	4.8	255.5	-2.1	254.1	-1.5	250.7

Liabilities

Private non-financial corporations' selected liabilities, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total liabilities	61.0	5,704.4	51.1	5,698.6	42.3	5,844.9
Total debt securities	4.7	296.4	4.3	302.4	-5.1	298.7
Loans	25.1	1,179.9	23.1	1,195.7	19.6	1,209.5
	Authorised deposit taking institutions	17.1	794.1	12.2	806.2	16.9	820.9
	Rest of world	4.4	241.2	7.7	241.7	-2.2	235.9
Shares and equity	29.2	3,883.6	24.0	3,857.9	25.3	3,991.3
	Households	3.2	948.9	0.0	950.3	6.1	971.8
	Rest of world	23.3	1,497.7	13.1	1,492.3	19.5	1,527.0
Other liabilities	2.0	344.5	-0.3	342.6	2.5	345.4

Other private non-financial corporations demand for credit

Other private non-financial corporations demand for credit of $35.4b was driven by:

$22.9b of equity raising
$16.1b of loan borrowings

Other private non-financial corporations' demand for credit
	Total ($b)	Short-term debt ($b)	Bonds ($b)	Loans ($b)	Equity ($b)
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	2.0	-0.5	-9.8	-10.8	23.2
Dec-20	4.5	-2.6	-12.5	-11.1	30.7
Mar-21	18.4	0.7	2.3	8.9	6.6
Jun-21	11.9	-0.1	-2.7	8.8	5.9
Sep-21	58.0	-1.7	-1.5	14.5	46.6
Dec-21	34.8	-1.7	0.5	-2.2	38.1
Mar-22	162.6	-0.9	4.1	11.4	148.0
Jun-22	48.2	-0.1	0.0	36.2	12.0
Sep-22	77.3	1.9	-2.5	39.1	38.8
Dec-22	11.3	-0.1	-4.5	5.7	10.2
Mar-23	41.7	0.6	2.6	15.4	23.1
Jun-23	-4.1	-3.8	3.0	4.9	-8.2
Sep-23	56.2	2.8	-1.8	26.0	29.2
Dec-23	31.0	1.1	2.9	15.7	11.3
Mar-24	46.9	-3.3	7.7	17.3	25.1
Jun-24	38.3	0.1	4.6	9.8	23.7
Sep-24	42.6	-1.0	2.2	28.5	12.9
Dec-24	51.3	-0.8	2.3	24.0	25.7
Mar-25	44.9	0.7	3.2	20.3	20.7
Jun-25	35.4	0.6	-4.2	16.1	22.9

Other private non-financial corporations' demand for credit

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

[["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"],[[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],[2],[4.5],[18.4],[11.9],[58],[34.8],[162.6],[48.2],[77.3],[11.3],[41.7],[-4.1],[56.2],[31],[46.9],[38.3],[42.6],[51.3],[44.9],[35.4]],[[-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],[-0.9],[-0.1],[1.9],[-0.1],[0.6],[-3.8],[2.8],[1.1],[-3.3],[0.1],[-1],[-0.8],[0.7],[0.6]],[[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],[-9.8],[-12.5],[2.3],[-2.7],[-1.5],[0.5],[4.1],[0],[-2.5],[-4.5],[2.6],[3],[-1.8],[2.9],[7.7],[4.6],[2.2],[2.3],[3.2],[-4.2]],[[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],[-10.8],[-11.1],[8.9],[8.8],[14.5],[-2.2],[11.4],[36.2],[39.1],[5.7],[15.4],[4.9],[26],[15.7],[17.3],[9.8],[28.5],[24],[20.3],[16.1]],[[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],[23.2],[30.7],[6.6],[5.9],[46.6],[38.1],[148],[12],[38.8],[10.2],[23.1],[-8.2],[29.2],[11.3],[25.1],[23.7],[12.9],[25.7],[20.7],[22.9]]]

[]

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The debt-to-equity ratio (adjusted for price changes) remains unchanged at 0.60. This reflects the stable growth in debt and equity by private non-financial corporations.

The growth in firm's loan borrowing was driven by loans from ADIs and was used to fund investment in non-dwelling construction, and machinery and equipment.

The growth in firm's equity raising was driven by stronger export revenue, which was reflected in earnings reinvested in the equity of foreign-owned resource companies.

Private non-financial corporations' debt to equity ratio
	Debt to equity ratio, adjusted for price changes, June 2005 base	Debt to equity ratio
Jun-05	0.52	0.52
Sep-05	0.53	0.50
Dec-05	0.55	0.51
Mar-06	0.56	0.50
Jun-06	0.58	0.52
Sep-06	0.59	0.52
Dec-06	0.61	0.51
Mar-07	0.63	0.50
Jun-07	0.64	0.49
Sep-07	0.67	0.51
Dec-07	0.70	0.54
Mar-08	0.71	0.60
Jun-08	0.72	0.60
Sep-08	0.74	0.69
Dec-08	0.75	0.81
Mar-09	0.72	0.79
Jun-09	0.67	0.70
Sep-09	0.66	0.63
Dec-09	0.65	0.60
Mar-10	0.64	0.60
Jun-10	0.63	0.64
Sep-10	0.63	0.60
Dec-10	0.61	0.55
Mar-11	0.61	0.55
Jun-11	0.60	0.56
Sep-11	0.61	0.63
Dec-11	0.63	0.64
Mar-12	0.63	0.61
Jun-12	0.64	0.66
Sep-12	0.64	0.64
Dec-12	0.64	0.62
Mar-13	0.64	0.61
Jun-13	0.64	0.65
Sep-13	0.64	0.62
Dec-13	0.64	0.63
Mar-14	0.64	0.62
Jun-14	0.63	0.61
Sep-14	0.64	0.63
Dec-14	0.63	0.63
Mar-15	0.64	0.62
Jun-15	0.64	0.63
Sep-15	0.65	0.67
Dec-15	0.65	0.65
Mar-16	0.66	0.65
Jun-16	0.65	0.63
Sep-16	0.64	0.60
Dec-16	0.64	0.59
Mar-17	0.63	0.58
Jun-17	0.63	0.58
Sep-17	0.63	0.57
Dec-17	0.62	0.54
Mar-18	0.62	0.55
Jun-18	0.61	0.53
Sep-18	0.62	0.53
Dec-18	0.61	0.55
Mar-19	0.61	0.52
Jun-19	0.61	0.51
Sep-19	0.61	0.52
Dec-19	0.60	0.50
Mar-20	0.62	0.61
Jun-20	0.59	0.53
Sep-20	0.58	0.52
Dec-20	0.57	0.48
Mar-21	0.58	0.48
Jun-21	0.58	0.47
Sep-21	0.58	0.47
Dec-21	0.57	0.45
Mar-22	0.54	0.43
Jun-22	0.55	0.47
Sep-22	0.56	0.48
Dec-22	0.56	0.46
Mar-23	0.56	0.45
Jun-23	0.56	0.45
Sep-23	0.57	0.46
Dec-23	0.58	0.45
Mar-24	0.58	0.45
Jun-24	0.58	0.46
Sep-24	0.59	0.45
Dec-24	0.60	0.47
Mar-25	0.60	0.48
Jun-25	0.60	0.46

Private non-financial corporations' debt to equity ratio

["","Debt to equity ratio, adjusted for price changes, June 2005 base","Debt\u00a0to\u00a0equity\u00a0ratio"]

[["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"],[[0.52],[0.53],[0.55],[0.56],[0.58],[0.59],[0.61],[0.63],[0.64],[0.67],[0.7],[0.71],[0.72],[0.74],[0.75],[0.72],[0.67],[0.66],[0.65],[0.64],[0.63],[0.63],[0.61],[0.61],[0.6],[0.61],[0.63],[0.63],[0.64],[0.64],[0.64],[0.64],[0.64],[0.64],[0.64],[0.64],[0.63],[0.64],[0.63],[0.64],[0.64],[0.65],[0.65],[0.66],[0.65],[0.64],[0.64],[0.63],[0.63],[0.63],[0.62],[0.62],[0.61],[0.62],[0.61],[0.61],[0.61],[0.61],[0.6],[0.62],[0.59],[0.58],[0.57],[0.58],[0.58],[0.58],[0.57],[0.54],[0.55],[0.56],[0.56],[0.56],[0.56],[0.57],[0.58],[0.58],[0.58],[0.59],[0.6],[0.6],[0.6]],[[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],[0.47],[0.47],[0.45],[0.43],[0.47],[0.48],[0.46],[0.45],[0.45],[0.46],[0.45],[0.45],[0.46],[0.45],[0.47],[0.48],[0.46]]]

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Financial corporations

Financial assets and liabilities

Financial corporations' financial assets, $b
	Amounts outstanding, Mar-25	Transactions, Jun-25	Other changes, Jun-25	Amounts outstanding, Jun-25
Central bank	427.1	-28.5	2.0	400.6
Authorised deposit taking institutions	5,510.8	-177.9	265.8	5,598.6
Other broad money institutions	270.5	6.5	0.4	277.3
Pension funds	3,493.6	30.9	167.5	3,692.0
Life insurance corporations	166.6	-3.6	5.9	169.0
Non-life insurance corporations	306.6	-3.6	6.5	309.5
Money market investment funds	29.9	4.6	0.0	34.5
Non-money market investment funds	1,306.3	-4.1	75.5	1,377.8
Central borrowing authorities	749.6	15.1	2.6	767.3
Securitisers	682.7	25.7	0.0	708.4
Other financial corporations	105.8	-35.2	39.9	110.5

Financial corporations' liabilities, $b
	Amounts outstanding, Mar-25	Transactions, Jun-25	Other changes, Jun-25	Amounts outstanding, Jun-25
Central bank	428.3	-27.5	2.5	403.3
Authorised deposit taking institutions	5,790.7	-150.7	339.6	5,979.6
Other broad money institutions	184.4	6.7	2.9	193.9
Pension funds	3,760.8	33.1	168.0	3,961.8
Life insurance corporations	164.0	-3.6	8.2	168.6
Non-life insurance corporations	362.3	6.9	10.6	379.8
Money market investment funds	29.9	2.3	2.3	34.5
Non-money market investment funds	1,511.4	-8.1	84.8	1,588.1
Central borrowing authorities	721.2	19.1	3.2	743.6
Securitisers	741.5	18.3	2.3	762.1
Other financial corporations	230.0	-35.0	40.1	235.2

Authorised deposit-taking institutions (ADIs)

Financial assets

Authorised deposit-taking institutions' selected financial assets, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total assets	-111.8	5,610.1	-101.8	5,510.8	-177.9	5,598.6
Deposits	17.3	355.4	-26.6	328.8	4.5	332.6
Bonds	-1.3	1,070.8	15.2	1,094.1	17.6	1,123.0
	Securitisers	-4.6	530.6	3.8	534.8	11.2	550.0
	National general government	-17.1	106.7	16.8	126.9	17.0	144.0
Loans	108.9	3,448.6	31.7	3,480.2	45.6	3,522.1
Other assets	-236.7	735.3	-122.1	607.6	-245.6	620.9

Liabilities

Authorised deposit-taking institutions' selected liabilities, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total liabilities	-118.0	5,909.2	-107.8	5,790.7	-150.7	5,979.6
Deposits	107.1	3,484.8	11.0	3,490.8	101.1	3,579.8
	Other private non-fin corps	5.1	766.5	-5.6	760.2	58.9	814.4
	Pension funds	-0.6	297.5	3.5	300.9	3.5	303.9
	Households	52.5	1,746.7	28.3	1,774.9	6.2	1,780.5
Bonds	19.6	667.5	13.0	682.6	1.8	684.1
Shares and equities	-1.4	766.6	-2.6	739.0	-0.1	834.1
Other liabilities	-243.4	990.3	-129.2	878.3	-253.5	881.5

Total financial assets of ADIs increased $87.9b, reflecting:

a $41.9b increase in loans,
a $28.9b increase in bonds, and
a $22.4b increase in equities.

This was partly offset by:

a $13.9b decrease in one name paper.

Growth in ADI lending activity was driven by loans to households and businesses, partly offset by a reduction in loans to the rest of the world. ADIs increased their holdings of bonds issued by national general government, securitisers and central borrowing authorities, while upward revaluations were driven by a fall in bond yields over the quarter.

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-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	-63.7	-21.7	-11.4	-36.5	-40.3	29.3	-3.4	20.2
Dec-20	27.8	48.8	-7.2	-80.1	23.4	31.5	16.9	-6.6
Mar-21	7.4	97.0	-3.2	-88.6	-83.6	41.9	37.4	7.3
Jun-21	38.4	132.9	-0.2	-130.4	-25.4	31.3	12.6	18.6
Sep-21	127.1	48.2	-1.7	19.5	-9.9	64.6	6.1	0.5
Dec-21	112.0	33.6	7.1	4.4	-2.8	82.1	3.4	-16.7
Mar-22	168.1	26.6	5.6	63.9	81.1	-17.8	3.1	5.9
Jun-22	317.8	-12.0	12.2	39.6	172.2	115.2	-8.6	-1.0
Sep-22	239.5	24.3	3.5	0.5	151.5	82.0	-17.4	-4.5
Dec-22	-50.9	-0.3	3.2	5.3	-105.1	38.0	10.0	-2.7
Mar-23	-78.3	-12.5	-2.2	-9.0	-107.8	53.7	-5.0	4.2
Jun-23	94.3	-28.5	-9.5	22.4	76.3	32.1	5.7	-4.0
Sep-23	116.2	-53.0	7.8	95.4	47.8	32.7	-4.6	-8.7
Dec-23	-53.7	-6.2	14.1	-10.1	-123.0	60.4	15.5	-5.6
Mar-24	-75.4	-20.0	-4.8	36.2	-133.5	29.1	22.3	-5.6
Jun-24	31.7	-103.2	-14.2	146.5	-60.2	78.7	3.3	-19.0
Sep-24	82.8	11.2	3.0	-19.1	-6.9	83.3	14.8	-2.5
Dec-24	253.9	17.8	1.7	-3.0	109.4	121.8	5.1	0.2
Mar-25	-99.3	-26.5	7.8	23.3	-127.2	31.6	-10.4	2.2
Jun-25	87.9	3.8	-13.9	28.9	1.5	41.9	22.4	3.1

Change in authorised deposit taking institutions' assets

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

[["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"],[[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],[-63.7],[27.8],[7.4],[38.4],[127.1],[112],[168.1],[317.8],[239.5],[-50.9],[-78.3],[94.3],[116.2],[-53.7],[-75.4],[31.7],[82.8],[253.9],[-99.3],[87.9]],[[-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],[24.3],[-0.3],[-12.5],[-28.5],[-53],[-6.2],[-20],[-103.2],[11.2],[17.8],[-26.5],[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],[-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],[3],[1.7],[7.8],[-13.9]],[[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],[-36.5],[-80.1],[-88.6],[-130.4],[19.5],[4.4],[63.9],[39.6],[0.5],[5.3],[-9],[22.4],[95.4],[-10.1],[36.2],[146.5],[-19.1],[-3],[23.3],[28.9]],[[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],[47.8],[-123],[-133.5],[-60.2],[-6.9],[109.4],[-127.2],[1.5]],[[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],[41.9],[31.3],[64.6],[82.1],[-17.8],[115.2],[82],[38],[53.7],[32.1],[32.7],[60.4],[29.1],[78.7],[83.3],[121.8],[31.6],[41.9]],[[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],[37.4],[12.6],[6.1],[3.4],[3.1],[-8.6],[-17.4],[10],[-5],[5.7],[-4.6],[15.5],[22.3],[3.3],[14.8],[5.1],[-10.4],[22.4]],[[-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],[0.5],[-16.7],[5.9],[-1],[-4.5],[-2.7],[4.2],[-4],[-8.7],[-5.6],[-5.6],[-19],[-2.5],[0.2],[2.2],[3.1]]]

[]

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Liabilities of ADIs increased $188.8b, with a:

$95.2b increase in shares and equities, and
$89.0b increase in deposits.

This was partly offset by a:

$14.8b decrease in loans.

Strong performance of the domestic share market over the quarter led to a rise in equity values of listed ADIs. Growth in ADI deposits was comprised of private non-financial corporations, rest of world and households.

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-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	-77.4	68.9	-24.7	-31.4	-54.9	-16.1	-19.8	0.6
Dec-20	93.4	3.7	13.1	-22	35.8	-14.1	85.1	-8.1
Mar-21	7	34.2	19	-29.5	-99.6	16.8	60.3	5.7
Jun-21	59.4	42.1	5.8	3.3	-29.7	8.2	32.1	-2.4
Sep-21	142.6	93.8	20.1	-3.6	-11.9	8.5	25.2	10.4
Dec-21	87.9	60.6	49.2	-4.3	1.3	16.4	-17	-18.2
Mar-22	174.1	58.8	-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	228.4	64.9	-4.1	5.4	151.8	0.8	12.4	-2.7
Dec-22	8.8	21.1	15.8	20.9	-73.6	-13.5	45.4	-7.3
Mar-23	-82.6	41.6	-10	31.1	-126.7	-11.6	-17.2	10.4
Jun-23	91.1	-5.3	-3.2	13.7	84.4	2.1	2.4	-2.9
Sep-23	113.2	38.3	12.2	14.5	47	-6.8	10.1	-2.2
Dec-23	-16.6	20.3	19.9	24.3	-107.4	-8.4	39.4	-4.6
Mar-24	-33.3	47.6	-6.2	30.3	-154.8	-8.3	54.8	3.5
Jun-24	40.9	26.5	31.9	17.7	-59	-3.3	20.1	7
Sep-24	113.8	58.3	-12.3	26.1	0	2.5	43	-3.7
Dec-24	288.5	137.1	16.7	38.6	63.8	15.8	21.3	-4.8
Mar-25	-118.5	6	-17	15.1	-98.5	-3.6	-27.6	7.2
Jun-25	188.8	89	-7.8	1.5	24.5	-14.8	95.2	1.3

Change in authorised deposit taking institutions' liabilities

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

[["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"],[[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],[-77.4],[93.4],[7],[59.4],[142.6],[87.9],[174.1],[206.6],[228.4],[8.8],[-82.6],[91.1],[113.2],[-16.6],[-33.3],[40.9],[113.8],[288.5],[-118.5],[188.8]],[[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],[64.9],[21.1],[41.6],[-5.3],[38.3],[20.3],[47.6],[26.5],[58.3],[137.1],[6],[89]],[[-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],[-24.7],[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],[31.9],[-12.3],[16.7],[-17],[-7.8]],[[-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],[-4.3],[-14.1],[16.5],[5.4],[20.9],[31.1],[13.7],[14.5],[24.3],[30.3],[17.7],[26.1],[38.6],[15.1],[1.5]],[[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],[-29.7],[-11.9],[1.3],[95.3],[152.6],[151.8],[-73.6],[-126.7],[84.4],[47],[-107.4],[-154.8],[-59],[0],[63.8],[-98.5],[24.5]],[[-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],[-11.6],[2.1],[-6.8],[-8.4],[-8.3],[-3.3],[2.5],[15.8],[-3.6],[-14.8]],[[-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],[-19.8],[85.1],[60.3],[32.1],[25.2],[-17],[22.2],[-96.5],[12.4],[45.4],[-17.2],[2.4],[10.1],[39.4],[54.8],[20.1],[43],[21.3],[-27.6],[95.2]],[[-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],[1.9],[-2.7],[-7.3],[10.4],[-2.9],[-2.2],[-4.6],[3.5],[7],[-3.7],[-4.8],[7.2],[1.3]]]

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Pension (superannuation) funds

Financial assets

Pension (superannuation) funds' selected financial assets, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total assets	12.6	3,539.3	2.7	3,493.6	30.9	3,692.0
Deposits	0.8	310.1	0.6	310.6	4.7	314.5
Debt securities	-9.1	238.4	2.5	243.1	19.4	263.5
Shares and equity	27.4	2,930.6	8.9	2,885.6	7.8	3,051.4
	Other private non-fin corps	0.8	494.5	3.6	484.8	0.5	516.3
	Non-money market investment funds	9.7	1,071.3	8.2	1,062.8	0.5	1,111.5
	Rest of world	14.8	764.1	-7.1	743.8	1.4	775.5
Net equity in life offices	-0.4	13.5	-1.4	11.9	-1.3	11.2
Other assets	-6.1	46.7	-7.9	42.4	0.2	51.4

Liabilities

Pension (superannuation) funds' selected liabilities, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total liabilities	13.5	3,803.6	1.9	3,760.8	33.1	3,961.8
Net equity in reserves	27.0	3,717.1	24.2	3,699.6	39.8	3,902.6
	Households	26.7	3,708.5	23.9	3,690.9	39.5	3,893.0
Other liabilities	-13.5	86.5	-22.2	61.2	-6.8	59.2

Total financial assets of pension (superannuation funds) increased by 5.7% ($198.4b), with a:

$165.8b increase in equities
$10.4b increase in bonds
$10.0b increase in short-term debt

Strength in domestic and international share markets drove valuation gains of $158.0b on the equity investments of pension funds. Pension funds used households’ contributions to superannuation to acquire $19.4b in debt securities.

Pension funds' financial assets
	Total assets (RHS) ($b)	Revaluations (LHS) ($b)	Transactions (LHS) ($b)
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	-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	2,719.4	-11.8	21.3
Dec-22	2,818.7	87.2	12.1
Mar-23	2,932	86.7	26.6
Jun-23	3,001.4	39.5	29.9
Sep-23	3,009	-13.9	21.5
Dec-23	3,148.5	126.1	13.3
Mar-24	3,291.3	122.8	20.0
Jun-24	3,305.8	-15.5	30.0
Sep-24	3,450.3	127.7	16.8
Dec-24	3,539.3	76.5	12.6
Mar-25	3,493.6	-48.4	2.7
Jun-25	3,692	167.5	30.9

Pension funds' financial assets

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

[["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"],[[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],[2409.4],[2568.1],[2636.8],[2793.2],[2851.3],[2935.4],[2880.5],[2709.9],[2719.4],[2818.7],[2932],[3001.4],[3009],[3148.5],[3291.3],[3305.8],[3450.3],[3539.3],[3493.6],[3692]],[[-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],[26.9],[142.5],[49.1],[123.9],[41.4],[65.1],[-72.3],[-201],[-11.8],[87.2],[86.7],[39.5],[-13.9],[126.1],[122.8],[-15.5],[127.7],[76.5],[-48.4],[167.5]],[[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],[6.2],[16.2],[19.6],[32.4],[16.7],[18.9],[17.4],[30.5],[21.3],[12.1],[26.6],[29.9],[21.5],[13.3],[20],[30],[16.8],[12.6],[2.7],[30.9]]]

[]

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Government

National general government financial assets

National general government selected financial assets, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total assets	-27.6	814.9	44.4	866.6	-17.9	859.4
Deposits	-34.5	113.5	39.7	153.1	-19.4	132.9
	Central bank	-32.6	77.2	34.9	112.1	-23.9	88.2
	Authorised deposit taking institutions	-0.6	25.8	3.2	28.9	3.8	32.2
One name paper	-2.8	24.9	-5.5	19.7	5.3	24.7
Shares and equity	2.6	230.3	7.6	240.4	-1.1	247.2
Other assets	7.0	446.3	2.4	453.4	-2.7	454.7

National general government liabilities

National general government selected liabilities, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total liabilities	-12.7	1,331.2	55.2	1,403.4	-6.9	1,399.9
One name paper	4.9	29.8	12.2	42.0	-9.2	32.8
Bonds	-28.6	839.6	20.0	876.6	-15.0	866.1
	Central bank	-17.4	226.9	-4.1	229.4	-19.0	210.8
	Authorised deposit taking institutions	-17.1	106.7	16.8	126.9	17.0	144.0
	Rest of world	-0.2	395.5	10.9	410.9	-10.4	405.2
Other liabilities	11.0	461.7	23.1	484.8	17.2	500.9

State and local general government financial assets

State and local general government selected financial assets, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total assets	-3.5	727.2	0.2	730.1	-2.5	725.5
Deposits	-3.7	90.5	-1.5	89.0	-3.0	86.0
Loans and placements	0.2	73.1	1.6	74.7	2.6	77.2
Shares and equity	0.1	528.7	0.9	532.2	-1.9	528.1
	State and local PNFCs	0.0	407.6	0.0	412.9	0.0	416.8
	Other private non-fin corps	0.6	41.6	0.2	41.5	-0.4	41.8
Other assets	-0.1	35.0	-0.9	34.3	-0.2	34.2

State and local general government liabilities

State and local general government selected liabilities, $b
	Transactions, Dec-24	Amounts outstanding, Dec-24	Transactions, Mar-25	Amounts outstanding, Mar-25	Transactions, Jun-25	Amounts outstanding, Jun-25
Total liabilities	22.4	665.4	7.6	672.4	13.0	685.0
Loans and placements	19.2	459.7	6.5	466.2	9.4	475.6
	Central borrowing authorities	19.4	440.4	6.4	446.8	9.1	455.9
Unfunded superannuation claims	0.6	106.3	0.5	106.1	0.6	106.1
Other liabilities	2.6	99.4	0.6	100.1	2.9	103.3

General government

General government (national, and state) were net borrowers of $26.5b. This was driven by a:

$22.4b draw down of deposits
$10.1b borrowing of loans

Partly offset by:

$15.3b net maturity of bond liabilities
$9.1b net maturity of one name paper liabilities

While Commonwealth government debt issuance was steady this quarter, a large repayment of existing debt brought the sector's demand for credit to its lowest level since the series began in September quarter 1988.
State and local general government were net borrowers of $15.5b. The state and local general government's net borrowing position was mainly driven by:

$9.4b in borrowing of loans

Loan liabilities of state and local general government reached record levels of $475.6b as state governments sourced funding for operating expenses, social benefits to households, and health and transport infrastructure projects.

General government's change in financial position
	Net lending/borrowing ($b)	Deposits ($b)	Notes ($b)	Bonds ($b)	Loans ($b)	Other ($b)
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	-110.8	42.4	0.1	-117.2	-30.5	-5.6
Dec-20	-44.9	-32.3	16.5	-23.0	-21.7	15.7
Mar-21	-14.6	-15.0	14.0	-21.9	-0.5	8.8
Jun-21	-9.8	1.1	4.6	-5.7	1.1	-11.0
Sep-21	-45.2	9.6	0.0	-23.9	-25.5	-5.5
Dec-21	-30.5	8.8	-5.2	-8.4	-6.3	-19.4
Mar-22	-5.8	3.1	3.5	-18.4	0.3	5.8
Jun-22	-11.0	34.3	-8.6	-26.0	-8.1	-2.6
Sep-22	-30.9	-6.6	1.3	4.6	-24.0	-6.2
Dec-22	-8.8	-14.2	-0.5	-1.5	-2.5	9.7
Mar-23	14.0	18.6	-4.9	-11.4	-1.3	13.0
Jun-23	7.1	11.5	10.0	14.9	-4.0	-25.3
Sep-23	-26.1	-10.9	-5.8	-7.2	-14.4	12.2
Dec-23	-23.7	-8.0	4.8	-15.4	-12.3	7.2
Mar-24	-5.0	11.0	-3.2	-4.2	-9.8	1.3
Jun-24	-14.2	3.8	-3.7	19.4	-13.3	-20.2
Sep-24	-39.9	11.9	0.6	-27.6	-22.6	-2.2
Dec-24	-40.9	-38.2	-8.1	24.0	-19.1	0.5
Mar-25	-18.3	38.3	-17.7	-21.3	-3.0	-14.7
Jun-25	-26.5	-22.4	14.3	14.3	-6.8	-26.0

General government's change in financial position

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

[["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"],[[-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],[-110.8],[-44.9],[-14.6],[-9.8],[-45.2],[-30.5],[-5.8],[-11],[-30.9],[-8.8],[14],[7.1],[-26.1],[-23.7],[-5],[-14.2],[-39.9],[-40.9],[-18.3],[-26.5]],[[-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],[3.1],[34.3],[-6.6],[-14.2],[18.6],[11.5],[-10.9],[-8],[11],[3.8],[11.9],[-38.2],[38.3],[-22.4]],[[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],[-8.6],[1.3],[-0.5],[-4.9],[10],[-5.8],[4.8],[-3.2],[-3.7],[0.6],[-8.1],[-17.7],[14.3]],[[-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],[-18.4],[-26],[4.6],[-1.5],[-11.4],[14.9],[-7.2],[-15.4],[-4.2],[19.4],[-27.6],[24],[-21.3],[14.3]],[[-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],[-30.5],[-21.7],[-0.5],[1.1],[-25.5],[-6.3],[0.3],[-8.1],[-24],[-2.5],[-1.3],[-4],[-14.4],[-12.3],[-9.8],[-13.3],[-22.6],[-19.1],[-3],[-6.8]],[[-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],[-5.6],[15.7],[8.8],[-11],[-5.5],[-19.4],[5.8],[-2.6],[-6.2],[9.7],[13],[-25.3],[12.2],[7.2],[1.3],[-20.2],[-2.2],[0.5],[-14.7],[-26]]]

[]

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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 fell by $0.8b to $13.5b this quarter.
This was driven by a:

$3.2b decrease in change in inventories
$0.7b decrease in gross fixed capital formation
$0.4b decrease in acquisitions less disposals of non-produced non-financial assets

and partly offset by a:

$5.1b decrease in net savings.

National net lending (+) / borrowing (-), relative to GDP, seasonally adjusted
	Net lending / net borrowing relative to GDP (%)
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	-0.9
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	-3.5
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	-3.0
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	-3.7
Dec-83	-2.8
Mar-84	-4.0
Jun-84	-3.5
Sep-84	-4.4
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	-4.4
Mar-87	-4.1
Jun-87	-3.2
Sep-87	-3.3
Dec-87	-3.3
Mar-88	-3.1
Jun-88	-2.9
Sep-88	-4.0
Dec-88	-4.8
Mar-89	-5.7
Jun-89	-5.9
Sep-89	-6.3
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	-4.4
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	-2.0
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	-6.0
Sep-99	-5.7
Dec-99	-4.8
Mar-00	-5.0
Jun-00	-5.0
Sep-00	-3.2
Dec-00	-3.3
Mar-01	-2.6
Jun-01	-2.1
Sep-01	-1.7
Dec-01	-2.8
Mar-02	-2.6
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	-5.7
Sep-05	-6.0
Dec-05	-5.7
Mar-06	-5.6
Jun-06	-6.3
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	-5.8
Sep-08	-4.0
Dec-08	-3.0
Mar-09	-1.5
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	-3.4
Jun-11	-3.1
Sep-11	-2.7
Dec-11	-2.9
Mar-12	-4.7
Jun-12	-3.7
Sep-12	-4.3
Dec-12	-4.8
Mar-13	-3.5
Jun-13	-3.6
Sep-13	-3.8
Dec-13	-2.8
Mar-14	-2.7
Jun-14	-3.2
Sep-14	-3.4
Dec-14	-3.2
Mar-15	-3.3
Jun-15	-5.2
Sep-15	-5.0
Dec-15	-5.4
Mar-16	-4.5
Jun-16	-4.5
Sep-16	-3.6
Dec-16	-1.6
Mar-17	-2.3
Jun-17	-2.7
Sep-17	-2.9
Dec-17	-3.6
Mar-18	-3.0
Jun-18	-3.1
Sep-18	-2.4
Dec-18	-1.8
Mar-19	-1.3
Jun-19	0.3
Sep-19	0.9
Dec-19	-0.2
Mar-20	0.6
Jun-20	2.7
Sep-20	1.5
Dec-20	2.1
Mar-21	3.0
Jun-21	3.0
Sep-21	3.5
Dec-21	0.1
Mar-22	0.1
Jun-22	1.6
Sep-22	-0.6
Dec-22	0.5
Mar-23	0.5
Jun-23	-0.2
Sep-23	-1.1
Dec-23	-0.3
Mar-24	-1.2
Jun-24	-2.2
Sep-24	-2.0
Dec-24	-2.3
Mar-25	-2.0
Jun-25	-1.9

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

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

[["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","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25"],[[-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],[-0.9],[-1.4],[-0.2],[1.1],[1.6],[2.2],[2],[1.6],[0.3],[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],[-3],[-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],[-3.7],[-2.8],[-4],[-3.5],[-4.4],[-5.2],[-4.1],[-4.5],[-5.6],[-5.7],[-6],[-5.6],[-4.8],[-4.4],[-4.1],[-3.2],[-3.3],[-3.3],[-3.1],[-2.9],[-4],[-4.8],[-5.7],[-5.9],[-6.3],[-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],[-4.4],[-5.6],[-5.3],[-5.9],[-5.1],[-4.4],[-4.8],[-4.1],[-2.8],[-3.9],[-3.5],[-3],[-2],[-3.2],[-3.7],[-5],[-4.2],[-5.6],[-5],[-5.7],[-6],[-5.7],[-4.8],[-5],[-5],[-3.2],[-3.3],[-2.6],[-2.1],[-1.7],[-2.8],[-2.6],[-3.6],[-4],[-5.1],[-5],[-5.6],[-5.4],[-5.4],[-5.8],[-5.5],[-6.6],[-7.3],[-6.5],[-5.7],[-6],[-5.7],[-5.6],[-6.3],[-5.7],[-5.9],[-6.2],[-6.6],[-6.8],[-7.3],[-6.8],[-5.8],[-4],[-3],[-1.5],[-5],[-5.3],[-6.4],[-5.5],[-2.9],[-3],[-3.5],[-3.4],[-3.1],[-2.7],[-2.9],[-4.7],[-3.7],[-4.3],[-4.8],[-3.5],[-3.6],[-3.8],[-2.8],[-2.7],[-3.2],[-3.4],[-3.2],[-3.3],[-5.2],[-5],[-5.4],[-4.5],[-4.5],[-3.6],[-1.6],[-2.3],[-2.7],[-2.9],[-3.6],[-3],[-3.1],[-2.4],[-1.8],[-1.3],[0.3],[0.9],[-0.2],[0.6],[2.7],[1.5],[2.1],[3],[3],[3.5],[0.1],[0.1],[1.6],[-0.6],[0.5],[0.5],[-0.2],[-1.1],[-0.3],[-1.2],[-2.2],[-2],[-2.3],[-2],[-1.9]]]

[]

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National net borrowing as a proportion of GDP decreased this quarter, driven by a decrease in change in inventories.

Financial corporations' net lending increased by $6.5b to $20.6b.
Non-financial corporations' net borrowing increased by $4.2b to $14.8b.
General government net borrowing decreased by $3.6b to $27.9b.
Households' net lending decreased by $3.0b to $8.9b.

Notable drivers included the following:

Financial corporations' net lending was driven by an increase in net savings due to an increase in dividends receivable.
Non-financial corporations' net borrowing was driven by a decrease in net savings from private non-financial corporations due to an increase in reinvested earnings.
General government net borrowing was driven by a decrease in gross fixed capital formation from both national and state and local general government.
Households' net lending was driven by a decrease in net savings due to an increase in final consumption expenditure, partially offset by an increase in compensation of employees.

Net lending (+) / borrowing (-), by sector, seasonally adjusted
	Non-financial corporations ($b)	Financial corporations ($b)	General government ($b)	Households ($b)
Jun-12	-21.2	10.4	-19.0	13.3
Sep-12	-23.6	11.8	-13.6	6.7
Dec-12	-29.1	11.3	-11.6	9.8
Mar-13	-21.8	9.3	-14.1	12.0
Jun-13	-26.1	9.6	-4.3	10.8
Sep-13	-21.4	8.6	-12.0	9.8
Dec-13	-22.2	8.6	-11.4	11.5
Mar-14	-20.5	8.8	-12.3	11.7
Jun-14	-23.1	7.6	-8.6	13.6
Sep-14	-23.9	8.0	-10.2	10.7
Dec-14	-20.3	5.8	-10.6	10.3
Mar-15	-22.7	7.2	-8.3	9.0
Jun-15	-22.5	4.9	-7.0	10.7
Sep-15	-25.3	6.9	-7.3	7.4
Dec-15	-25.0	8.7	-7.2	3.4
Mar-16	-22.3	7.4	-10.8	3.1
Jun-16	-20.7	8.4	-11.6	3.9
Sep-16	-17.7	7.9	-11.2	3.8
Dec-16	-10.9	7.0	-5.7	1.8
Mar-17	-10.0	4.7	-2.9	1.8
Jun-17	-11.6	7.2	-8.0	0.3
Sep-17	-15.5	7.4	-5.9	0.6
Dec-17	-16.3	5.2	-6.6	3.0
Mar-18	-15.7	7.6	-6.3	1.6
Jun-18	-22.5	6.2	-4.4	0.5
Sep-18	-16.2	5.2	-5.7	3.0
Dec-18	-15.6	5.6	-7.5	6.4
Mar-19	-11.1	6.6	-8.1	9.2
Jun-19	-9.3	6.0	-5.2	7.9
Sep-19	-6.3	5.2	-11.8	16.2
Dec-19	-9.2	4.0	-12.0	13.7
Mar-20	-4.0	2.8	-14.6	21.8
Jun-20	23.2	11.9	-95.7	71.5
Sep-20	29.1	2.7	-86.0	61.9
Dec-20	15.4	1.0	-43.2	37.3
Mar-21	5.2	0.7	-26.2	37.1
Jun-21	1.1	1.1	-13.2	28.5
Sep-21	-4.0	4.0	-39.1	60.7
Dec-21	-5.5	-1.8	-27.0	34.0
Mar-22	-2.0	-5.9	-19.7	29.2
Jun-22	4.7	1.3	-14.8	19.4
Sep-22	-4.5	6.7	-15.5	16.5
Dec-22	-21.1	9.6	-2.6	1.9
Mar-23	2.3	4.9	-4.2	-0.4
Jun-23	-6.5	7.5	-8.3	-2.6
Sep-23	-6.1	10.6	-7.0	-3.0
Dec-23	-7.9	12.9	-12.9	4.4
Mar-24	-7.8	12.8	-13.5	0.0
Jun-24	-14.8	18.0	-20.3	0.7
Sep-24	-9.1	13.9	-23.7	6.6
Dec-24	-14.7	19.0	-28.1	7.1
Mar-25	-10.6	14.2	-31.5	11.9
Jun-25	-14.8	20.6	-27.9	8.9

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

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

[["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"],[[-21.2],[-23.6],[-29.1],[-21.8],[-26.1],[-21.4],[-22.2],[-20.5],[-23.1],[-23.9],[-20.3],[-22.7],[-22.5],[-25.3],[-25],[-22.3],[-20.7],[-17.7],[-10.9],[-10],[-11.6],[-15.5],[-16.3],[-15.7],[-22.5],[-16.2],[-15.6],[-11.1],[-9.3],[-6.3],[-9.2],[-4],[23.2],[29.1],[15.4],[5.2],[1.1],[-4],[-5.5],[-2],[4.7],[-4.5],[-21.1],[2.3],[-6.5],[-6.1],[-7.9],[-7.8],[-14.8],[-9.1],[-14.7],[-10.6],[-14.8]],[[10.4],[11.8],[11.3],[9.3],[9.6],[8.6],[8.6],[8.8],[7.6],[8],[5.8],[7.2],[4.9],[6.9],[8.7],[7.4],[8.4],[7.9],[7],[4.7],[7.2],[7.4],[5.2],[7.6],[6.2],[5.2],[5.6],[6.6],[6],[5.2],[4],[2.8],[11.9],[2.7],[1],[0.7],[1.1],[4],[-1.8],[-5.9],[1.3],[6.7],[9.6],[4.9],[7.5],[10.6],[12.9],[12.8],[18],[13.9],[19],[14.2],[20.6]],[[-19],[-13.6],[-11.6],[-14.1],[-4.3],[-12],[-11.4],[-12.3],[-8.6],[-10.2],[-10.6],[-8.3],[-7],[-7.3],[-7.2],[-10.8],[-11.6],[-11.2],[-5.7],[-2.9],[-8],[-5.9],[-6.6],[-6.3],[-4.4],[-5.7],[-7.5],[-8.1],[-5.2],[-11.8],[-12],[-14.6],[-95.7],[-86],[-43.2],[-26.2],[-13.2],[-39.1],[-27],[-19.7],[-14.8],[-15.5],[-2.6],[-4.2],[-8.3],[-7],[-12.9],[-13.5],[-20.3],[-23.7],[-28.1],[-31.5],[-27.9]],[[13.3],[6.7],[9.8],[12],[10.8],[9.8],[11.5],[11.7],[13.6],[10.7],[10.3],[9],[10.7],[7.4],[3.4],[3.1],[3.9],[3.8],[1.8],[1.8],[0.3],[0.6],[3],[1.6],[0.5],[3],[6.4],[9.2],[7.9],[16.2],[13.7],[21.8],[71.5],[61.9],[37.3],[37.1],[28.5],[60.7],[34],[29.2],[19.4],[16.5],[1.9],[-0.4],[-2.6],[-3],[4.4],[0],[0.7],[6.6],[7.1],[11.9],[8.9]]]

[]

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Capital Investment

National capital investment decreased to 24.2% as a proportion of GDP, while decreasing 0.4% in current price seasonally adjusted terms.
Relative to GDP:

Household capital investment remained at 8.0%
Non-financial corporations' capital investment remained at 11.9%
Financial corporations' capital investment remained at 0.6%
General government capital investment decreased to 3.7%

In current price seasonally adjusted terms:

Non-financial corporations' capital investment was flat, driven by an increase in public non-financial corporations which was offset by a decrease in private non-financial corporations.
General government capital investment decreased, driven by a decrease in both national general government 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)
Jun-12	63.9	2.3	13.7	27.3
Sep-12	63.7	2.5	13.3	28.0
Dec-12	66.1	2.5	12.5	28.3
Mar-13	62.0	2.5	13.3	28.0
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	45.8	2.9	17.8	41.4
Sep-17	51.2	2.5	17.1	40.6
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	38.2
Sep-19	53.8	3.0	19.8	38.1
Dec-19	53.4	3.0	20.5	38.1
Mar-20	53.1	2.9	19.9	38.4
Jun-20	51.4	2.7	18.8	35.6
Sep-20	51.1	2.7	19.4	36.5
Dec-20	52.4	2.8	20.4	39.4
Mar-21	54.9	2.9	20.4	42.7
Jun-21	57.0	3.0	21.3	44.9
Sep-21	58.7	3.1	22.0	45.5
Dec-21	60.4	3.1	22.0	47.0
Mar-22	62.4	3.2	22.7	48.9
Jun-22	65.1	3.4	23.7	48.5
Sep-22	67.0	3.5	24.0	49.3
Dec-22	68.4	3.5	24.5	49.7
Mar-23	71.3	3.6	25.1	50.4
Jun-23	75.2	3.7	26.5	51.5
Sep-23	77.1	3.8	27.1	51.5
Dec-23	79.3	3.8	26.5	51.4
Mar-24	79.4	3.9	26.4	52.3
Jun-24	80.7	4.0	26.6	53.6
Sep-24	81.9	4.0	27.8	54.8
Dec-24	83.0	4.1	27.6	55.2
Mar-25	83.6	4.1	27.8	55.8
Jun-25	83.6	4.1	26.0	56.5

Gross fixed capital formation, by sector, seasonally adjusted

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

[["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"],[[63.9],[63.7],[66.1],[62],[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],[45.8],[51.2],[50.3],[50.9],[51],[52],[51.7],[52.2],[52.8],[53.8],[53.4],[53.1],[51.4],[51.1],[52.4],[54.9],[57],[58.7],[60.4],[62.4],[65.1],[67],[68.4],[71.3],[75.2],[77.1],[79.3],[79.4],[80.7],[81.9],[83],[83.6],[83.6]],[[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],[2.9],[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],[2.9],[3],[3.1],[3.1],[3.2],[3.4],[3.5],[3.5],[3.6],[3.7],[3.8],[3.8],[3.9],[4],[4],[4.1],[4.1],[4.1]],[[13.7],[13.3],[12.5],[13.3],[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],[18.8],[19.4],[20.4],[20.4],[21.3],[22],[22],[22.7],[23.7],[24],[24.5],[25.1],[26.5],[27.1],[26.5],[26.4],[26.6],[27.8],[27.6],[27.8],[26]],[[27.3],[28],[28.3],[28],[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],[40.6],[40.9],[42],[42.8],[41.4],[40.3],[39.1],[38.2],[38.1],[38.1],[38.4],[35.6],[36.5],[39.4],[42.7],[44.9],[45.5],[47],[48.9],[48.5],[49.3],[49.7],[50.4],[51.5],[51.5],[51.4],[52.3],[53.6],[54.8],[55.2],[55.8],[56.5]]]

[]

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Time series spreadsheets

Data files

TABLE 1. Credit Market Outstandings ($ million)
Download xlsx [275.09 KB]
TABLE 2. Demand for Credit ($ million)
Download xlsx [256.69 KB]
TABLE 3. National Capital Account, Current prices ($ million)
Download xlsx [80.93 KB]
TABLE 4. National Financial Assets and Liabilities ($ million)
Download xlsx [106.04 KB]
TABLE 5. Non-Financial Corporations Capital Account, Current prices ($ million)
Download xlsx [78.69 KB]
TABLE 6. Financial Assets and Liabilities of Non-Financial Corporations ($ million)
Download xlsx [387.6 KB]
TABLE 7. Private Non-Financial Corporations Capital Account, Current prices ($ million)
Download xlsx [75.2 KB]
TABLE 8. Financial Assets and Liabilities of Private Non-Financial Corporations ($ million)
Download xlsx [383.41 KB]
TABLE 9. Financial Assets and Liabilities of Private Non-Financial Investment Funds ($ million)
Download xlsx [235.12 KB]
TABLE 10. Financial Assets and Liabilities of Other Private Non-Financial Corporations ($ million)
Download xlsx [388.22 KB]
TABLE 11. Public Non-Financial Corporations Capital Account, Current prices ($ million)
Download xlsx [74.12 KB]
TABLE 12. Financial Assets and Liabilities of Public Non-Financial Corporations ($ million)
Download xlsx [269.62 KB]
TABLE 13. Financial Corporations Capital Account, Current prices ($ million)
Download xlsx [73.91 KB]
TABLE 14. Financial Assets and Liabilities of Financial Corporations ($ million)
Download xlsx [359.5 KB]
TABLE 15. Financial Assets and Liabilities of the Central Bank ($ million)
Download xlsx [165.33 KB]
TABLE 16. Financial Assets and Liabilities of Authorised Deposit taking Institutions ($ million)
Download xlsx [495.79 KB]
TABLE 17. Financial Assets and Liabilities of Other Broad Money Institutions ($ million)
Download xlsx [323.49 KB]
TABLE 18. Financial Assets and Liabilities of Pension Funds ($ million)
Download xlsx [227.7 KB]
TABLE 19. Pension Funds - Self-Managed Superannuation Funds Balance Sheet ($ million)
Download xlsx [71.93 KB]
TABLE 20. Financial Assets and Liabilities of Life Insurance Corporations ($ million)
Download xlsx [303.21 KB]
TABLE 21. Financial Assets and Liabilities of Non-Life Insurance Corporations ($ million)
Download xlsx [301.04 KB]
TABLE 22. Financial Assets and Liabilities of Money Market Financial Investment Funds ($ million)
Download xlsx [145.53 KB]
TABLE 23. Financial Assets and Liabilities of Non-Money Market Financial Investment Funds ($ million)
Download xlsx [280.97 KB]
TABLE 24. Financial Assets and Liabilities of Central Borrowing Authorities ($ million)
Download xlsx [265.43 KB]
TABLE 25. Financial Assets and Liabilities of Securitisers ($ million)
Download xlsx [207.51 KB]
TABLE 26. Financial Assets and Liabilities of Other Financial Corporations ($ million)
Download xlsx [325.95 KB]
TABLE 27. General Government Capital Account, Current prices ($ million)
Download xlsx [78.18 KB]
TABLE 28. Financial Assets and Liabilities of General Government ($ million)
Download xlsx [308.8 KB]
TABLE 29. National General Government Capital Account, Current prices ($ million)
Download xlsx [77.48 KB]
TABLE 30. Financial Assets and Liabilities of National General Government ($ million)
Download xlsx [285 KB]
TABLE 31. State and Local General Government Capital Account, Current prices ($ million)
Download xlsx [77.53 KB]
TABLE 32. Financial Assets and Liabilities of State and Local General Government ($ million)
Download xlsx [194.4 KB]
TABLE 33. Household Capital Account, Current prices ($ million)
Download xlsx [77.59 KB]
TABLE 34. Financial Assets and Liabilities of Households ($ million)
Download xlsx [258.7 KB]
TABLE 35. Household Balance Sheet, Current prices ($ billion)
Download xlsx [80.83 KB]
TABLE 36. Analytical Measures of Household Income, Consumption, Saving and Wealth, Current prices ($ billion)
Download xlsx [67.46 KB]
TABLE 37. Rest of World Capital Account, Current prices ($ million)
Download xlsx [66.6 KB]
TABLE 38. Financial Assets and Liabilities of Rest of World ($ million)
Download xlsx [466.82 KB]
TABLE 39. The Currency Market ($ million)
Download xlsx [81.01 KB]
TABLE 40. The Transferable Deposits Market ($ million)
Download xlsx [116.69 KB]
TABLE 41. The Other Deposits Market ($ million)
Download xlsx [127.41 KB]
TABLE 42. The Bills of Exchange Market ($ million)
Download xlsx [106.64 KB]
TABLE 43. The One Name Paper Market ($ million)
Download xlsx [371.63 KB]
TABLE 44. The Bonds Market ($ million)
Download xlsx [473.49 KB]
TABLE 45. The Derivatives and Employee Stock Options Market ($ million)
Download xlsx [192.57 KB]
TABLE 46. The Short Term Loans and Placements Market ($ million)
Download xlsx [159.52 KB]
TABLE 47. The Long Term Loans and Placements Market ($ million)
Download xlsx [362.04 KB]
TABLE 48. The Listed Shares and Other Equity Market ($ million)
Download xlsx [260.91 KB]
TABLE 49. The Unlisted Shares and Other Equity Market ($ million)
Download xlsx [329.44 KB]
TABLE 50. Accounts Payable/Receivable ($ million)
Download xlsx [398.02 KB]
TABLE 51. Financial Accounts Summary of Authorised Deposit taking Institution Deposits and Lending Split by Household Subsectors ($ million)
Download xlsx [56.4 KB]
TABLE 52. Financial Accounts Summary of Loan Outstandings to Households for Housing by Type of Lending Institution ($ million)
Download xlsx [57.2 KB]
TABLE 53. Nominal Value of Short Term Loans and Placements Market ($ million)
Download xlsx [159.21 KB]
TABLE 54. Nominal Value of Long Term Loans and Placements Market ($ million)
Download xlsx [364 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 June 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.

AASB 17 accounting standard

The adoption of the AASB 17 accounting standard by the insurance industry has resulted in changes to reported data. 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. An update on progress will be provided in December 2025.

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

Australian National Accounts: Finance and Wealth methodology, June 2025

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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 2025

Amounts outstanding at end of June quarter 2025

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)