Advertisement
The Reserve Bank of Australia (RBA) has released its private sector credit aggregates data for the month of July.
Quarterly mortgage credit growth continued to firm, rising for the 12th consecutive month to 1.9% – the highest rate of growth since 2015:
Mortgage growth rising fast.
The full text of this article is available to MacroBusiness subscribers
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.
Advertisement