Mortgage credit growth keeps slowing

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By Leith van Onselen

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

ScreenHunter_12405 Mar. 31 11.30

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

ScreenHunter_12406 Mar. 31 11.32
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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.