FX.co ★ Australia Private Sector Credit Growth Steady

Australia's private sector credit experienced a monthly increase of 0.5% in March 2025, consistent with the growth rate observed in the preceding two months and meeting market expectations. Housing credit saw an uptick, rising to 0.5% from February's 0.4%, while personal loans increased by 0.6%, up from 0.2% in February. Conversely, the growth in business credit decelerated to 0.3%, compared to 0.7% previously. On an annual scale, private sector credit expanded by 6.5% in March, maintaining the growth pace recorded in February.