Australian banksAustralian Property

Australian mortgage growth launches

Leith van Onselen
Friday, 30 July 2021
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The Reserve Bank of Australia (RBA) has released its private sector credit aggregates data for the month of June.

Quarterly mortgage credit growth continued to firm, rising for the 11th consecutive month to 1.8% – the highest rate of growth since 2015:

Mortgage growth

Heating up.

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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.