Australia's Monthly Total Credit Rises 0.6% Month-over-Month in July

Australia's total credit rose 0.6% month-over-month in July, following a 0.8% increase in June, data from the Reserve Bank of Australia showed on Monday.

Housing credit rose by 0.5%, after rising 0.6% the previous month, while personal credit rose 0.3%, following a 0.9% increase. Business credit rose 0.9%, after a 1.1% lift recorded in the previous month.

Broad money rose 0.3%, following a 0.9% increase in the previous month.

Total credit jumped 8.4% in the year ended July, compared with a 7.2% increase in the year ended July 2025.

What else is happening in International?

International17d ago

Saudi Arabia's Private Bank Lending Climbs 5.6% in July

Saudi Arabia's private bank lending grew 5.6% year over year in July, after a 6.8% rise in June, the Saudi Central Bank said Sunday.

^TASI

International17d ago

Saudi Arabia's M3 Money Supply Up 8.2% in July

Saudi Arabia's M3 money supply increased 8.2% year over year in July, following an 8.4% rise in the previous month, the Saudi Central Bank said Sunday.

^TASI

International17d ago

New Zealand Lending Grows in July as Housing, Agricultural Loans Rise

New Zealand's lending from registered banks and non-bank lending institutions increased in July, driven by growth in housing and agricultural lending, while personal consumer and business lending edged lower compared with the previous month, according to data from the Reserve Bank of New Zealand released on Monday.Total housing loans from registered banks and non-bank lending institutions in New Zealand grew to NZ$401.94 billion in July from NZ$400.51 billion in June. Total personal consumer lending fell to NZ$14.43 billion in July from NZ$14.49 billion in the previous month.Total business lending decreased to NZ$142.86 billion in the period, from NZ$143.14 billion. Meanwhile, agricultural lending rose to NZ$65.24 billion in July, from NZ$64.5 billion in the previous month.

^NZ50