Economy dashboard · Interest rates & credit
As at 13 October 2026 · official data unless labelled
Housing credit, annual growth
7.3%Above its 10-year average▼ 0.2 ptsAugust 2026vs 10-year average 5.46%
What the numbers are telling us
Housing credit, annual growth was 7.3% in August 2026, down 0.2 pts on the previous reading (7.5%).
It is above its 10-year average of 5.46%, which is a worse reading than usual.
Why it matters
How fast mortgage debt is growing; credit outrunning incomes raises household risk.
What it should be
There is no official target for this measure, so it is judged against its own 10-year average of 5.46%: lower is better.
Housing credit: the last 60 readings
Housing credit, annual growth, 2021-09 to 2026-08
Every figure on this page is calculated from the stored official series (RBA, D1 housing credit 12m); the summary is written from the numbers, not edited by hand.