FX.co ★ Australia Private Sector Credit Growth Beats Estimates

In October 2025, Australia experienced a 0.7% month-on-month increase in private sector credit, outpacing both the previous month's figures and market predictions, which projected a 0.6% rise. Business lending saw an uptick, advancing to 0.8% from September's 0.5%. Housing credit growth remained steady at 0.6%, while personal loans slowed to a 0.2% increase compared to 0.5% previously. On an annual scale, private credit expanded by 7.3%, a slight increase from the revised 7.2% recorded in the preceding month, representing the most rapid growth since January 2023.