In Business

Australian Bureau Of Statistics

MARCH KEY POINTS

Victor P Taffa

The Australian Bureau Of Statistics has released National Account figures for March 2010.

 

 

 

SUMMARY

  • Total credit market outstandings of the domestic non-financial sectors at 31 March 2010 was $3,662.3 B, an increase of $30.5 B from the previous quarter. Demand for credit during the quarter was $44.9 B and valuation decreases were $14.4 B.
  • Demand for credit was down $15.6 B from the previous quarter, driven by decreased demand by other private non-financial corporations (down $13.2 B) and households (down $6.0 B). This was offset by an increase in demand by state and local general government (up $5.9 B) and national general government (up $0.6 B).

NON-FINANCIAL CORPORATIONS

  • Private non-financial investment funds repaid a net $0.8 B. Other private non-financial corporations raised a net $1.0 b, mostly funded from share issuance of $9.3 B. This was offset by repayment of loans of $10.8 B.

GENERAL GOVERNMENT

  • National general government issued bonds of $15.0 B.

HOUSEHOLDS

  • Households raised a net $22.0 B during the March quarter 2010, down $6.0 B from the December quarter 2009 estimate of $28.0 B.
  • MARCH KEY FIGURES

Credit market outstandings at end

Demand for credit during

Other changes during

Credit market outstandings at end

Dec Qtr 2009

Mar Qtr 2010

Mar Qtr 2010

Mar Qtr 2010

NON-FINANCIAL DOMESTIC SECTORS

$b

$b

$b

$b


Non-financial corporations
Investment funds

123.4

-0.8

-1.6

121.0

Other private

1, 841.9

1.0

-13.5

1, 829.5

National public

2.0

-0.2

1.8

State and local public

90.9

2.4

93.3

General government
National

125.4

14.8

140.2

State and local

67.2

5.7

72.9

Households

1, 380.9

22.0

0.7

1, 403.6

Total

3, 631.8

44.9

-14.4

3, 662.3


– nil or rounded to zero (including null cells)
0

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