Housing credit growth continues to slow

Advertisement

By Leith van Onselen

The Reserve Bank of Australia (RBA) has released its private sector credit aggregates data for the month of May:

ScreenHunter_13791 Jun. 30 11.30

A chart showing the long-run breakdown in the components is provided below:

ScreenHunter_13792 Jun. 30 11.33
Advertisement

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.