$9,853,029,766,760
AUD
Total Australian Credit outstanding includes all debt and equity outstanding of the domestic non-financial sectors.
Total Australian Credit has grown from AU$787.7 billion in December 1989 to AU$6.3 trillion in December 2016; an increase of a little over 800% over a 27 year period.
May 5, 2015
Australian Dollar, Government Debt, Interest Rates, Mortgage Loans, Private Debt, Public DebtThe 30, 90 and 180 Bank Accepted Bills (BABs) rates dropped to 2.15, 2.17 and 2.25 per cent respectively yesterday (04/05/2015). An increasing amount of economists are siding with the argument for a rate cut. Will the RBA pull the trigger at 2.30pm today? Or, will they play devil advocate?
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