Australia's two-tier credit boom

Lending data shows that credit appears to be expanding across the economy, but is not translating into rising debt. It suggests many households and business are using low rates to deleverage.

Business lending is on the rise but conditions need to improve for activity to be sustainable. Meanwhile, despite low interest rates, households are pulling back on personal loans as the labour market continues to soften.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles