2026.03.3100:30:00UTC+00Australia’s Private Sector Credit Growth Edges Higher in February/ itle

Australia’s private sector credit growth accelerated modestly in February 2026, with the month‑over‑month rate rising to 0.6%, up from 0.5% in January 2026. The latest data, updated on 31 March 2026, signal a slight strengthening in borrowing activity across the economy.

On a month‑over‑month comparison basis, the February figure reflects a faster pace of credit expansion than in the previous month, when January’s 0.5% increase was measured against December’s level. The incremental uptick suggests a gradual improvement in financing demand from businesses and households rather than a sharp shift in credit conditions.

Market participants and policymakers will now be watching upcoming releases closely to see whether this pickup in private sector credit becomes a sustained trend, potentially offering clues about underlying momentum in Australia’s economic activity. /ody