FX.co ★ Australia Private Sector Credit Growth Above Forecasts

In November 2025, Australia's private sector credit saw a month-on-month increase of 0.6%, exceeding market expectations of a 0.2% rise, though slightly down from the 0.7% growth observed in October. The growth rate for business lending slowed to 0.7% from October’s 0.8%, while housing credit remained stable at 0.6%. Conversely, personal credit declined by 0.5% following a modest increase of 0.1% in October. On a year-over-year basis, private credit grew by 7.4%, slightly up from the 7.3% uptick recorded in the previous month, marking the fastest rate of expansion since January 2023.