2026.06.3001:30:00UTC+00Australian Private Sector Credit Growth Holds Steady at 0.7% in May

Australia’s private sector credit growth remained unchanged in May 2026, holding at 0.7% month-over-month, according to data updated on 30 June 2026. The May reading matches April’s 0.7% increase, indicating a steady pace of credit expansion across the private sector.

On a month-over-month basis, the “actual” figure for May represents the same rate of growth as seen in April, when credit also rose 0.7% compared with March. The stable momentum suggests that borrowing conditions and demand for credit in Australia’s private sector have not materially shifted between April and May, with no acceleration or slowdown evident in the latest data.

The consistency in the credit growth rate may be closely watched by investors and policymakers as they assess underlying economic activity and the potential trajectory of business investment and household borrowing in the months ahead.